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A Different North Africa on the Horizon, but Political Troubles Looming

Fast forward 10, 15 or 20 years from now and you will see a vastly different North Africa. While big media outlets are focused on the giant economies of China, Brazil, and others, mid-level economies like those of North Africa are also a place of substantial economic activity. Domestic investments, sometimes aided by the contribution of foreign investors, are fueling economic development and growth. Despite the global economic hiccup, the pace of investments committed into the infrastructure sector in North Africa has been moving at a healthy pace bringing the rest of the economy with it. And that bodes well for the region as it seeks to catch up with the rest of the world.
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It's All About Oil and Some

After eight years in a Scottish jail, the Libyan man convicted for his role in the 1988 Lockerbie bombing has been released on compassionate grounds. Abdel Basset Al-Megrahi is said to have only a few months to live and has arrived in Libya where he was greeted by thousands of supporters. While Scottish justice minister Kenny MacAskill argues his decision was an act of compassion toward a dying man, it is a lot more complex than that....
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Algeria to Slow Imports, Seeks to Reduce Credit Risk with New Finance Law Measures

The Algerian government enacted substantial changes in the country’s finance law, a move considered by many as drastic and severe. The changes were issued as part of Algeria’s mid-term complementary finance law for 2009. ...
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Spain to Lead a New European Economic Offensive in North Africa

Owing to booming oil revenues and aggressive sovereign wealth funds, rich Gulf countries have been leading the way as foreign investors in North Africa since 2003, as well as in the southern Mediterranean zone, displacing western investors....
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Maghreb Economic Performance: A Fair 2008, But Uncertain Outlook

Official data, as reported by North African governments and published by international financial institutions, seem to show that 2008 was not so bad for Maghreb economies after all. ...
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Is Libya Ready for the Private Sector?

Now that Libya reconciled with the West and has become the subject of praises from the likes of the IMF and the World Bank, the country will have to face a new set of realities that could either lead to sustained economic growth or deepen its dependency on foreign suppliers. ...
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Opinion: Time for Optimism

Is it possible that the global economic downturn that we are witnessing today may actually have a beneficial impact on the region? ...
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Algeria’s Pending Accession to Arab Free-Trade Zone Raises Tension in the Business World

Scores of Algerian business leaders have voiced their opposition to their country’s accession to an Arab free-trade zone (AFTZ). ...
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North African Companies Coping with the Global Economic Crisis

The global economic meltdown is being felt in different ways by North African companies but ultimately the outcome is the same: pain and uncertainty. ...
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French Exporters Dominate the Lucrative Maghreb Cereal Market

As the year 2008 draws to its end, the Algerians would have spent $1 billion to import French wheat. Morocco is also a big consumer and importer of wheat and other cereals....
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A Different North Africa on the Horizon, but Political Troubles Looming

Fast forward 10, 15 or 20 years from now and you will see a vastly different North Africa. While big media outlets are focused on the giant economies of China, Brazil, and others, mid-level economies like those of North Africa are also a place of substantial economic activity. Domestic investments, sometimes aided by the contribution of foreign investors, are fueling economic development and growth. Despite the global economic hiccup, the pace of investments committed into the infrastructure sector in North Africa has been moving at a healthy pace bringing the rest of the economy with it. And that bodes well for the region as it seeks to catch up with the rest of the world.
image

It's All About Oil and Some

After eight years in a Scottish jail, the Libyan man convicted for his role in the 1988 Lockerbie bombing has been released on compassionate grounds. Abdel Basset Al-Megrahi is said to have only a few months to live and has arrived in Libya where he was greeted by thousands of supporters. While Scottish justice minister Kenny MacAskill argues his decision was an act of compassion toward a dying man, it is a lot more complex than that.
image

Algeria to Slow Imports, Seeks to Reduce Credit Risk with New Finance Law Measures

The Algerian government enacted substantial changes in the country’s finance law, a move considered by many as drastic and severe. The changes were issued as part of Algeria’s mid-term complementary finance law for 2009.
image

Spain to Lead a New European Economic Offensive in North Africa

Owing to booming oil revenues and aggressive sovereign wealth funds, rich Gulf countries have been leading the way as foreign investors in North Africa since 2003, as well as in the southern Mediterranean zone, displacing western investors.
image

Maghreb Economic Performance: A Fair 2008, But Uncertain Outlook

Official data, as reported by North African governments and published by international financial institutions, seem to show that 2008 was not so bad for Maghreb economies after all.
image

Is Libya Ready for the Private Sector?

Now that Libya reconciled with the West and has become the subject of praises from the likes of the IMF and the World Bank, the country will have to face a new set of realities that could either lead to sustained economic growth or deepen its dependency on foreign suppliers.

Algeria’s Pending Accession to Arab Free-Trade Zone Raises Tension in the Business World

Scores of Algerian business leaders have voiced their opposition to their country’s accession to an Arab free-trade zone (AFTZ).

North African Companies Coping with the Global Economic Crisis

The global economic meltdown is being felt in different ways by North African companies but ultimately the outcome is the same: pain and uncertainty.
image

Opinion: Time for Optimism

Is it possible that the global economic downturn that we are witnessing today may actually have a beneficial impact on the region?

An Impossible Mountain to Climb for Oil Producing Countries

Oran was in the media spotlight like never before. Hundreds of reporters and dozens of television cameras descended on the Algerian western city on the Mediterranean to cover an event that could potentially reshape entire economies and even political systems.
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Featured author
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Arezki Daoud

Arezki Daoud is a leading analyst on North African affairs. He has been editor of The North Africa Journal since 1996. The publication reaches over 50,000 decision makers worldwide. Having lived and worked in North Africa, Mr. Daoud's analytical expertise on the region spans from the energy and industrial sectors to security and political affairs. Arezki is familiar with the speech circuit and briefing the business and government communities on the countries of the Maghreb region and is widely quoted in the press.
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