Japan's second-largest automaker Nissan Motor Co has signed a joint venture agreement with an Algerian private partner to build a car assembly plant at a cost of $160 million, the company said on Wednesday.
The Latest on Algeria's presidential election (all times local): 3:55 p.m. Algeria's ailing president has announced that he will seek a fifth five-year term in April's election in the gas-rich North African nation.
Algeria's President Abdelaziz Bouteflika said on Sunday he would seek a fifth term in a presidential election set for April 18, the state news agency APS reported on Sunday, putting an end to months of uncertainty caused by his poor health.
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