Business & Economy Bound
Egypt’s economy hit hard by Houthis’ attacks on commercial vessels in the Red Sea
The US and the UK hitting Houthi targets in Yemen is largely the result of a sense of panic taking place in commercial...
Mauritania: Sudden customs tax increase at border with Morocco jolts food markets in Mauritania
Households and consumers in Mauritania are experiencing spikes in food prices. A the Nouakchott fruit and vegetable...
Egypt: Suez Canal reopens after container ship refloated
By Hager Harabech with Mona Salem in Cairo - Suez, Egypt, March 29, 2021 (AFP) - The MV Ever Given was refloated and...
Egypt: Container ship still stuck in Suez Canal
By Mohamed Abouelenen - Egyptian authorities decided Sunday that more tugboats will be needed to free a mammoth...
Egypt: Russia marketing its Northern Sea route as alternative to Suez Canal
Russia cheekily pushed the Northern Sea Route on Thursday as an "alternative" to Egypt's Suez Canal after a huge...
Egypt: Single container ship cripples Suez Canal traffic
By Farid Farid - The owners of a giant container vessel blocking the Suez Canal said Thursday they faced "extreme...
Tunisia launches first domestically made satellite
By Caroline Nelly Perrot - Tunisia celebrated the launch Monday of its first domestically made satellite, hoping it...
Business: With a choking tourism industry, Morocco’s craftsmen face daunting outlook
By Redouane Benmehdi - Hundreds of thousands of Moroccan craftsmen are facing a daunting future as the government’s...
Libya: Finally Afriqiyah Airways resumes Benghazi-Misrata service after a seven-year state of war
Flights between the eastern Libya city of Benghazi and the western city of Misrata were restored Tuesday after a near...
Tunisia: State companies on the brink of collapse
By Aymen Jamli - Tunisia's state-owned firms are in dire straits, facing a perfect storm of debt, mismanagement, the...
Western Sahara: European court to decide if Western Sahara goods are part of EU-Morocco accords
Luxembourg, Feb 28, 2021 (AFP) - The European Court of Justice is next week to discuss EU-Morocco accords allowing...
Moroccans debating legalization of cannabis for medicinal use
Morocco, a country where large volumes of cannabis are grown illicitly, is considering legalising production for...
Tunis Air CEO dismissed after month into job
Tunisia's transport minister on Monday fired the CEO of Tunisair, just over a month after naming her to revive the...
Algeria: How corruption and bad governance destroy an entire industry
By Abdellah Cheballah - Shuttered assembly plants, jailed bosses, laid-off workers. Algeria's once ambitious plans to...
Sahel: Flying to Timbuktu, anyone?
A commercial flight landed in Timbuktu on Monday for the first time since jihadists captured the fabled Malian city in...
Sahel: Complaint against Glencore over Chad spill clears UK hurdle
A complaint by rights groups over a toxic spill at an oil site in Chad linked to the British subsidiary of mining...
Egypt: first commercial flight from Qatar to Egypt in three and a half years
The first direct flights since 2017 between Qatar and its former rivals Egypt and the UAE took to the skies on Monday,...
Algeria says oil and gas exports down in double-digit rates in 2020
Algeria's oil revenues collapsed in 2020, according to energy ministry figures released Sunday, exacerbating an...
Algerian president approves budget with a deficit valued at 14% of GDP
Algerian President Abdelmadjid Tebboune on Thursday approved a 2021 budget which foresees a deficit of around 14...
Algeria: Another difficult year ahead, says MEA Risk
Algeria ends the year 2020 with 1,878 critical incidents, down 35.4% from 2,909 in 2019, according to MEA Risk LLC....
OPEC cartel set to extend production cuts, but outlook is grim
As the coronavirus pandemic continues to weigh on global oil demand, the OPEC oil producers' club on Monday began a...
Economy: Drought threatens Morocco’s agriculture
Parched fields stretch as far as the eye can see on plains overlooking Agadir in southwestern Morocco, as precious...
While Algeria needs hospitals, schools and cash, its leaders are opening Africa’s biggest mosque
Algeria's Grand Mosque, the world's third-biggest and Africa's largest, will host its first public prayers on...
Dire labor market in Morocco: government chooses mass layoffs to deal with pandemic effects on businesses
Morocco’s labor marker is in disarray. Even if you believe the government’s unreliable statistics, the country is...
Libya: As Libyans hope of some normalcy, Afriqiyah Airways resumes Tripoli-Benghazi flights
Flights between the Libyan capital and Benghazi resumed Friday after an 18-month halt, amid an a easing of tensions...
Tunisia: Worsening economy risks destabilizing Tunisia
Tens of thousands of Tunisians have lost their jobs in a worsening economic crisis exacerbated by efforts to stem...
Tunisia’s tourism sector collapses with 60% drop in earnings
Tunisia's tourism sector has collapsed, officials warned Saturday, with earnings plunging 60 percent and swathes of...
Libya: Russian and other mercenaries still impeding oil sector activity in Libya
"force majeure continues on the oil fields and ports that confirmed the presence of elements of Wagner gangs and other...
Libya: Warlord Khalifa Haftar wants money from oil revenues as condition to lift blockade of oil fields
Libyan strongman Khalifa Haftar announced Friday a conditional lifting of a months-long blockade on oilfields and...
Economy: Plethora of problems are hitting Algerian winemakers hard
Sidi Bel Abbes, Algeria - Algerian winemaker Dahmane Hamamouche used to rise early and rush to work each morning, but...
Morocco: Business sector bracing for hard times ahead ($)
The Moroccan economic sector is struggling with the effects of Covid-19. Some businesses are being punished for...
Companies: Series of blunders result in millions of dollars of losses to Algeria oil firm Sonatrach ($)
After the disastrous oil leaks last week that took place on one of its pipelines in El-Oued and the problems that...
As Algeria-EU trade deal approaches, Algerian officials want new terms
Algiers, Aug 23, 2020 - Days ahead of a final deadline, activation of a long-planned Algeria-EU trade deal risks...
Opec reports members’ conformity to lower production, signals market improvements
Opec ministers stuck to an agreement to lower oil production at a monthly meeting Wednesday, underlining that only...
Libya: Tripoli airport re-opens
Tripoli, Aug 11, 2020 - Flights out of the Libyan capital's only working airport have resumed, after a four-month...
Algeria: With a bankrupt economy and poor governance, Algeria wants to revisit its trade agreement with EU
Algiers, Aug 10, 2020 - Algeria's president has requested the country's trade minister reassess a deal with the...
Algeria: Currency depreciation, inflation, recession, and the pandemic: an economy in turmoil
Algiers, Aug 9, 2020 - [Photo: Algerian retirees queuing to withdraw their pensions during a cash crunch in July 2020]...
Morocco travel sector facing a daunting outlook
The resumption of domestic flights at the end of June in Morocco, followed by a partial reopening of borders on July...
Egypt: Impasse in talks over Nile dam. Sudan threatens to withdraw
Egypt on Tuesday called for a suspension of meetings with Ethiopia on Addis Ababa's massive dam construction project...
Former and current ENI CEOs in trouble over alleged bribery in Nigeria
North Africa Journal's editor's note: Although this case is on ENI's alleged corruption case in Nigeria, ENI's...
Libya’s businesses in ruin
Libyan businessman Mahmud al-Sharkassi surveyed the ruins of his factory on the outskirts of war-scarred capital...
Algeria: The economic cost of the Covid-19 epidemic in Algeria
Algiers, July 18, 2020- Algeria said Saturday that the coronavirus crisis on top of falling oil prices have caused...