
The Algiers Court prosecutor has requested severe penalties, including up to 10 years in prison and confiscation of seized assets, for defendants in a corruption case involving the public mining, steel, and metallurgical industries group IMETAL and its subsidiaries. The verdict is scheduled for May 5. The prosecutor sought 10 years for the main defendant, "L.A.", CEO of the Sider group, and 8 years for "M. Mohamed Chérif", deputy general manager of administration for the El Hadjar steel complex. Other defendants, including "A. Aârab", operations director at the National Recovery and Valorization Company, and "F. Kamel", "K. Fouad", "B. Chouaïb", "B. Khaled", "B. Sadek", "O. Kamel", face sentences ranging from 5 to 8 years. A fine of 8 million Algerian dinars was also requested against the companies involved. The charges include granting undue advantages in state contracts, money laundering, abuse of office, and intentional embezzlement of public funds. Previously, on December 15, the Sidi M'hamed economic and financial criminal division had issued convictions up to 15 years, with "L.A." receiving 6 years and a 1 million dinar fine. "A. Aârab" and others received 3 years and a 500,000 dinar fine. "B. Chouaïb", owner of the "House" company, was sentenced to 5 years and a 1 million dinar fine. Lighter sentences were given to other defendants, including suspended sentences. "Belarbi Anis", CEO of the National Recovery Company, and "Chegraoui Ahmed Amine", who are fugitives, were
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Since its launch in 2023, Algeria's visa on arrival program has attracted nearly 39,000 foreign tourists from 120 different nationalities. This initiative, available to visitors of the Grand South traveling through approved agencies, has stimulated the local economy and created jobs in the southern wilayas. The Minister of Tourism and Handicrafts, Houria Meddahi, convened a coordination meeting to assess the program's impact and identify ways to enhance Algeria's appeal, particularly in its Saharan regions. The mechanism, established by presidential decision in 2023, allows foreign tourists to obtain their visa directly at border posts upon arrival, provided they use an approved Algerian tourism agency. The agency submits the visa application via digital platforms before the visitor's physical arrival, with the visa duration matching the planned stay. Meddahi emphasized that this program is crucial for facilitating access to Algeria, strengthening the attractiveness of the Saharan destination, and diversifying target tourist markets. The presence of these 39,000 tourists has generated significant local economic activity in accommodation, transport, guiding, and handicrafts, creating direct and indirect jobs for local populations. The diversity of nationalities, totaling 120, indicates a broad geographical reach, attracting travelers from traditional European markets as well as new Asian and African clienteles to sites like Djanet, Tamanrasset, and Timimoun. This aligns with A
Must ReadThe European Union has issued an ultimatum to five Caribbean nations—Antigua and Barbuda, Dominica, Grenada, Saint Kitts and Nevis, and Saint Lucia—demanding they cease their citizenship-by-investment programs within two years or face the reintroduction of visa requirements for the Schengen Area. These programs, which allow individuals to acquire citizenship for investments starting at $200,000, are a significant financial resource for these countries. The EU has set a deadline of June 1, 2028, for their termination. The Organization of Eastern Caribbean States confirmed that each of the five countries received a letter last month outlining the new European regulations. Prime Ministers of the affected nations met in Dominica and announced plans for a collective response, including a high-level mission to Brussels to meet with European Commission President Ursula von der Leyen, European Council President António Costa, and other EU officials. The EU has long expressed concerns that these programs, which can grant citizenship for investments as low as $100,000, lack sufficient vetting of applicants, potentially facilitating money laundering, terrorism financing, identity fraud, and illegal immigration. Brussels and Washington also believe these micro-states lack the resources to effectively investigate applicants from distant regions like the Middle East, Eastern Europe, or Central Asia, posing a security risk for visa-free travel. The EU maintains a firm stance: without prompt

A high-level Congolese delegation, led by Denis Christel Sassou Nguesso, Minister of Cooperation and Development of Public-Private Partnership of the Republic of Congo, arrived in Algiers on Monday, July 20, 2026. The delegation met with Algerian Minister of Industry Yahia Bachir to discuss industrial cooperation. The visit, scheduled until July 22, focuses on strategic sectors including construction materials, steel, and mechanical engineering. Key Algerian public industrial groups, such as GICA, AGM, Elec El Djazaïr, and a representative from MADAR holding, participated in the discussions. The two nations aim to establish pragmatic partnerships based on mutual benefit and resource utilization, with a focus on joint projects, skill transfers, and mobilizing economic operators. Algeria's industrial expertise, particularly in cement, mechanics, and electricity, is seen as a model for Congo's industrial development. This initiative aligns with a broader South-South cooperation and African economic integration agenda, as Algeria seeks to strengthen its role as an industrial leader on the continent. The visit is part of a series of diplomatic engagements by Algeria to foster bilateral agreements with African partners, building on previous collaborations in energy and other sectors.