ALGERIA > Austria based AGRANA is set to acquire 49% of share of Algeria based Elafruits SPA

tweet165 AGRANA, the fruit, starch and sugar group, has extended its presence in Africa by acquiring 49% of Elafruits SPA. Elafruits is located in Akbou, Algeria employing around 100 employees and it generated around 7 million euro in 2017 financial year. AGRANA is a global fruit company that maintains 29  production sites in 21 countries. Elafruits also makes fruit purées and More …

ALGERIA > InterContinental Hotels Group (IHG) is set to open Holiday Inn® Algiers – Cheraga Tower

Holiday Inn logo 290 With the addition of Holiday Inn® Algiers – Cheraga Tower in Algeria, IHG will now operate 25 hotels across 9 countries in Africa in total . The new hotel features 242 well equipped rooms and is strategically located west of Algiers that is close to international business centers and embassies. Popular tourist spots such as downtown area, Hydra District, the More …