North Africa’s Economy
China to strengthen economic presence in Africa, seeks to widen political influence
January 2017: Last month, China flexed its muscles against Nigeria when the West African country agreed to upgrade the second-tier Taiwanese diplomatic mission based in Abuja to full embassy status. Beijing did not like the move and has been threatening Nigeria to...
Algerian authorities confronted with localized labor unrest, escalation in 2017
While the Algerian authorities continue to focus a great deal of attention and resources on preventing attacks from Islamic militant groups, the erosion in state revenues is forcing them to push for new austerity measures that are creating a lot of tension nationwide....
More Belt-Tightening Ahead for Algeria
The North Africa Journa: October 2, 2016: Algeria continues to seek cost containment measures, with growing expectation of fuel price increases in 2017 aimed at reducing the projected budget deficit of $2.6 billion. There is also pressure on the government to freeze...
Tunisia in Retrospect and the Tough Choices Ahead
BP and Statoil Reducing their Staffs in Algeria: Consequences on Business Continuity
With Peugeot-Citroen Joining Renault, Oran becomes the Capital of Algeria’s Car Assembly Business
Although the companies have not made a formal announcement yet, the Wali (governor) of Oran in western Algeria says his province will be home of a new Peugeot-Citroën auto assembly plant. The plant is even scheduled to be located the municipality of el-Hamou. If the...
Insurance firm Zurich exiting the Moroccan market
Tunisia’s Crises
Oil prices & the impact on Sovereign Wealth Funds Libya as a case
By Omar Khattaly: The drop in oil prices in the last 12 months has taken markets and investors by surprise. State institutions such as Sovereign Wealth Funds (SWF) have been affected and state budgets have suffered. SWF will grow slowly and in many cases will see some...
