Arezki Daoud
Acquisition Time in the North African Telco Sector
[The North Africa Journal | Mergers and Acquisitions] The telecommunications sector has been very busy lately in North Africa. Companies are looking for new assets to acquire in a bid to grow their business in emerging markets. Among the most important transactions recorded in the telco sector is the acquisition by France Telecom of a substantial stake in Morocco’s Meditel, the Kingdom’s second largest carrier. The other transaction is the acquisition by Russia’s VimpelCom of Egypt’s Orascom Telecom. This acquisition brings another wildcard to the long-lasting feud between the Egyptian owner of Orascom Telecom Algeria and the Algerian government.
[Economy and Trade] A New War on the African Continent
[The North Africa Journal | Economy] There is a different type of war being waged on the African continent and North Africa is not spared. Economic influence is the goal and money in its many forms is the weapon used by powerful interests for the dual purposes of wining contracts in a slowly emerging Africa, while guaranteeing access to increasingly scarce commodities. ...[Audio-Video] The Miners of Jerada | Video Documentary
Since its coal mine was closed, Jerada in eastern Morocco has become a virtual ghost town. These days, some residents even dig coal out of the mountain with their bare hands. The makeshift miners survive on the pittance paid by coal merchants. Click on the video below to watch the documentary....[Security and Politics] The Sahelian Powder Keg
[The North Africa Journal | Security and Defense] By virtue of its location, the Sahara desert is often considered as a natural buffer zone between the Maghreb in the north and Sub-Sahara Africa in its south. The Sahel being part of the Sahara also plays a separating role of sort. ...[Finance and Banking] BCP Absorbs BP Casa, Sets Stage for New Growth
[The North Africa Journal | Banking] BCP Bank has absorbed Moroccan peer BP Casablanca, in a transaction officially endorsed by Stock Exchange authorities. CFG Analysts (Casablanca Finance Group) say this transaction marks a strategic turning point for BCP as it will give the bank a direct presence in deposit-taking and lending to retail customers. ...[Finance and Banking] Africa Wants to Attract Islamic Banking Investors
In less than a decade, the value of the Sukuk market, financial instruments that are the Islamic equivalent of bonds has reached an impressive $112 billion and Africa is being eyed by Islamic bankers as a promising destination. ...[Other Affairs] Focus on the Regions: Bouira, Algeria Learning to Live without Terrorism
These past 12 months have been unusual for the Wilaya (province) of Bouira, some 50 miles south-east of the capital Algiers. This is because no single young man has joined the Islamist resistance groups that have roamed in the province’s mountains and use them as launching pads to attack cities and villages all around. Previously targeted by fiery speeches of terrorist recruiters, Bouira’s youth are now looking for jobs, with money coming from the government to combat criminal activity such as drug trafficking, theft and other criminal acts....[Industries and Markets] Telco Sector Expands in Morocco
The telecom sector in Morocco continues on its growth momentum in 2010 driven by sustain expansion of the mobile phone segmen. This trend was recently confirmed when France Telecom decided to acquire a substantial equity in second largest carrier Meditel. CFG (Casablanca Finance Group) Analysts say sustaining its positive performance in 2009, following the growth of the mobile subscriber base which increased by 10.9% year over year, the mobile market maintained a remarkable performance in the first quarter of 2010. ...[Industries and Markets] 7th North Africa Business Development Forum, Barcelona, Spain
The North Africa Journal is proud to announce the participation of Publisher and Editor Arezki Daoud to the 7th. North Africa Business Development Forum. The Forum will be held in Barcelona, Spain on November 22, 2010. Mr. Daoud will moderate a debate about the North African enterprise with key corporate leaders from the region including Isaad Rebrab, CEO of Cevital (Algeria), Anas Sefrioui, CEO of Addoha Group (Morocco), Karim Ammar, CEO of Poulina Holding (Tunisia), Ali Haddad, President of ETRHB (Algeria), Miloud Chaabi, CEO of YNNA Holding (Morocco), Abdeslam Ben Ayed of Ben Ayed Group (Tunisia), Selma Elloumi, CEO of Stiffen (Tunisia)....Author info

