North Africa’s Economy
Egypt: cash-strapped Egypt wants to sell equity in its military-owned businesses
Cairo, Oct 31, 2019 - Egyptian President Abdel Fattah al-Sisi suggested Thursday listing military-owned companies on the stock exchange, along with other state-run firms and assets. "There must be an opportunity for the armed forces' companies. They must enter the...
Morocco: Spirit AeroSystems acquires Bombardier’s Casablanca site
Algeria: Public banks prepare to strike on 10 November
Libya: After a two month-closure, Mitiga airport to reopen
Libya: Despite war, city of Tripoli to have its bus service for first time in three decades
Algeria: Regime loses control of the economy, construction sector collapses
French version here- By Arezki Daoud - 10 October 2019: While the Algerian government is working to pass its 2020 budget and an extremely controversial petroleum law at a breath-taking speed, the statistics on the construction sector in the country are chilling. The...
Egypt: Tension escalates with Ethiopia over Nile dam
Cairo, Oct 6, 2019 - Egypt has urged international mediation over what it called "deadlock" in talks in Sudan over a massive dam under construction on the Nile River, sparking fresh tensions with Ethiopia. Negotiations between the three countries have been at a...
Egypt: Fear of more unrest prompts Sisi government to lower fuel prices
Cairo, Oct 4, 2019 - Egypt lowered fuel prices on Friday, the oil ministry said, following several rounds of price hikes as part of an austerity programme that have triggered discontent. The move comes a week after rare protests broke out in Cairo and other cities...
Sahel: Protests over bad roads continue in Mali
Bamako, Sept 11, 2019 (By Maīmouna Moro) - Like many of his fellow Malians, Ousmane Maiga used to drive regularly between Gao, in the north of the country, and the capital Bamako. Today, he balks at doing the once-familiar trip. For one thing, there is the threat...
Egypt: Actor Mohamed Aly flees to Spain, accuses Sisi and military of corruption
Cairo, Sept 9, 2019 - Videos posted online by an Egyptian construction contractor accusing President Abdel Fattah al-Sisi and the military of corruption have gone viral, sparking a rare debate about the army's growing economic empire. Mohamed Aly, 45, a fledgling...