Algeria ends 2016 with $114 bln of foreign reserves
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Algeria ends 2016 with $114 bln of foreign reserves

By Lamine Chikhi ALGIERS Dec 29 (Reuters) – Algeria will end 2016 with $114 billion of foreign reserves, but its oil and gas earnings will drop to $27.5…

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Qatar’s Ooredoo in talks for majority stake in Salam subsidiary
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Qatar’s Ooredoo in talks for majority stake in Salam subsidiary

DUBAI Dec 19 (Reuters) – Qatari telecom operator Ooredoo said on Monday it was in preliminary negotiations with Salam International about the potential acquisition of a majority stake…

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REFILE-Russia’s 2016 oil output seen rising 2.5 pct to 547.5 mln T
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REFILE-Russia’s 2016 oil output seen rising 2.5 pct to 547.5 mln T

(Adds dropped words to par 2 ‘non-OPEC members’) MOSCOW Dec 21 (Reuters) – Russia’s oil output in 2016 is expected to total 547.5 million tonnes, a 2.5 percent…

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BRIEF-Cargotec’s Kalmar to supply seven RTG cranes to Algerian Port of Oran
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BRIEF-Cargotec’s Kalmar to supply seven RTG cranes to Algerian Port of Oran

Dec 22 (Reuters) – Cargotec Oyj : * Kalmar to supply seven RTG cranes with smartport automation to Algerian Port of Oran * Value of order is approximately…

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VW to launch ride hailing in Rwanda as part of Africa expansion
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VW to launch ride hailing in Rwanda as part of Africa expansion

Emerging markets with poor transportation links have become a key battleground for establishing new mobility services, with Uber competing with newer rivals like Ola, backed by Japan’s Softbank,…

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Soccer-Aubameyang among finalists for African Footballer of the Year
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Soccer-Aubameyang among finalists for African Footballer of the Year

CAPE TOWN Dec 22 (Reuters) – African Footballer of the Year Pierre-Emerick Aubameyang is in the running to win the award for a second successive season after being…

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Algeria to boost drilling in 2017 to increase output -Sonatrach official
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Algeria to boost drilling in 2017 to increase output -Sonatrach official

“Of the 290 wells, 190 will be for production and 100 for exploration,” the head of Sonatrach’s drilling division Khelil Kortobi told Reuters in an interview at Hassi…

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Eleven killed in attack on Burkina Faso military post
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Eleven killed in attack on Burkina Faso military post

OUAGADOUGOU Dec 16 (Reuters) – Ten soldiers and a gendarme in northern Burkina Faso were killed on Friday in an attack by unidentified gunmen on a military post,…

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UPDATE 1-Twelve soldiers killed in attack on Burkina Faso army post
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UPDATE 1-Twelve soldiers killed in attack on Burkina Faso army post

(Adds president quote, updates death toll) OUAGADOUGOU Dec 16 (Reuters) – A dozen soldiers were killed in northern Burkina Faso when unidentified gunmen attacked a military post near…

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Algeria’s Sonatrach commissions new refining plant studies
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Algeria’s Sonatrach commissions new refining plant studies

ALGIERS Dec 18 (Reuters) – Algerian oil and gas company Sonatrach signed contracts on Sunday with Spanish firm Tecnicas Reunidas and British-based Amec Foster Wheeler to undertake studies…

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