@ReutersAfrica

Struggle for Algeria hits business community - 1 months ago, 21 Mar 15:32

Lamine Chikhi

ALGIERS (Reuters) - One of President Abdelaziz Bouteflika’s few remaining allies in the face of mass protests, business leader Ali Haddad, is facing pressure to quit as head of Algeria’s main business association, a move that would further weaken the embattled head of state.

Bouteflika’s long-time strategic partners, from members of the governing FLN party to trade unionists, have abandoned the president, peeling away layers of his ruling elite.

The 82-year-old president also relied on influential figures like Ali Haddad, who has made billions through public works projects awarded by the government and investments in the media.

He also funded Bouteflika’s election campaigns and heads the FCE, a top business association whose leaders have been long-time supporters of the president.

The forum for entrepreneurs has been hit by a series of resignations from members who have turned their backs on Bouteflika since the protests began on ...
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