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Algeria: Condor will invest $ 1 billion over five years


The Condor group will invest $ 1 billion over the next five years to expand its mobile phone production capacity. The chairman Abderrahmane Benhamadi said that they are going to invest $ 1 billion over five years to expand their business in mobile phones, built-in products, kitchen and furniture, refrigerators and they will invest in 7 new phone production lines. The Condor group is already exporting its products to all Maghreb countries (Tunisia, Morocco, Libya and Mauritania), but also in France, Senegal, Congo, Benin, Jordan and the United Arab Emirates.

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