Business & Economy Bound

Morocco: World’s biggest producer of cannabis inches closer to legalizing itF

Morocco's national regulatory agency overseeing the use of cannabis for medical use met for the first time Thursday in one of the last steps before legalisation in the world's top cannabis-resin producer. The North African nation adopted a law in 2021 provisionally...
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Energy: Morocco convinces Nigeria to move forward with gas pipeline to EuropeF

Nigeria's government has directed its state-run oil company NNPC to implement a deal on a gas pipeline to Europe through Morocco. Africa's gas resources are increasingly in the spotlight as the European Union looks to wean itself off Russian supplies following the...
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In-Depth: Algeria’s gas sector facing internal woes and aggressive competition from QatarF

By Arezki Daoud: Algeria could have benefited from Russia’s war on Ukraine to maximize its revenue potential from exporting gas to a tense European market. But troubled by an unprecedented political crisis and a rocky presidential transition at home, Algeria’s leaders...
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Egypt: Facing crippling economic crisis, Egypt says it will sell dozen state companiesF

Egyptian Prime Minister Mostafa Madbouli announced Sunday a string of planned privatisations of state-owned companies, as Cairo grapples with an economic crisis and inflation at almost 15 percent. Following years of accusations of state companies crowding out private...
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