US EditionCMA CGM Eyeing Multi-Billion Euro Investment Programme in Algeria - The Loadstar
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"We will try to overcome the operational difficulties," said Rodolphe Saadé on Algerian television after this meeting, which took place on Monday while all official cooperations between Paris and Algiers are interrupted.
The Algerian president received on Monday the boss of the French shipowner, Rodolphe Saadé, to evoke great projects in logistics and marine transport
In the midst of a diplomatic crisis between Paris and Algiers, President Abdelmadjid Tebboune received the CEO of the French shipping company. Several billion euros of investments would be on the table, despite the adverse climate in the relations between the two countries.
CMA CGM eyeing multi-billion euro investment programme in Algeria - The Loadstar
CMA CGM is poised to unveil a multi-billion euro investment programme in Algeria, part of strategy to gain access to the promising North African market and trade corridors to sub-Saharan Africa, according to media reports. It follows a 2 June meeting in Algiers between the head of the French ocean shipping line, Rodolphe Saadé, and Algeria’s president, Abdelmadjid Tebboune, focusing on “reviewing opportunities for cooperation in the port and log…
Abdelmadjid Tebboune and Rodolphe Saadé, at the Presidential Palace of Algiers, on 2 June 2025. PRESIDENCE OF THE ALGERIAN REPUBLIC The Algerian President, Abdelmadjid Tebboune, received, on Monday 2 June, the President and CEO (PDG) of the French shipowner CMA CGM, Rodolphe Saadé, with whom "different projects have been mentioned" while all official cooperation between France and Algeria has been interrupted. "We believe a lot in the developmen…
Algiers, 2 June 2025 (AFP) – Algerian President Abdelmadjid Tebboune received on Monday the CEO of the French shipowner CMA CGM, Rodolphe Saadé, with whom "different projects have been mentioned" while all the official cooperations between France and Algeria are interrupted. "We believe a lot in the development of Algeria, I think that it has [...]
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