Home | Business

Business

image

The Thorny Issue of Algeria’s Solid Waste Treatment

The French waste management firm Suez Environnement is currently seeking fresh opportunities to enter the Algeria solid waste treatment market. The firm has recently dispatched some of its senior managers to explore the possibility of offering services either by itself or through a joint venture with the Algerian counterpart EPIC.
Advertisement
image

Moroccan Government Less Stressed about 2014 Economic Performance

The Moroccan government has had many battles to wage on the economic front, and the Premiership of Benkirane was at risk because of it. Weak finances, decreasing exports to traditional markets, a rollercoaster phosphate market, and a series of shortcomings promised to bring bad news for Morocco this year....
Full story
image

Algeria Ends Highway Construction Contract with Group of Japanese Firms

The North Africa Journal | The Algerian government announced that it has ended its contract with a group of Japanese companies formed to build a lengthy section of the Algerian east-west motorway. ...
Full story
image

Tunisia: A Stabilizing Political Environment but not the Economy

The North Africa Journal | Tunisia may be headed toward economic disaster if more money is not raised urgently. Endless labor strikes have had a paralyzing effect on many industrial sectors. In mid-March 2014, four major strikes crippled the economy, starting with the truck drivers who refused to deliver merchandise to businesses for two days....
Full story
image

European Investors Steer Clear from Moroccan Solar Projects in Disputed Western Sahara Territory

The North Africa Journal | Morocco has managed to raise so far about $1 billion to fund its mega solar project. Half of that money is a donation from Saudi Arabia, largely to enable Saudi companies to win contracts in Morocco. ...
Full story
image

Algeria Receives 'B-' Neutral Negative Stability Rating, Graded 50.7, According to MEA Risk

The North Africa Journal: MEA Risk rating and assessment service announced the release of its Stability Rating for Algeria. As of November 5, 2013, Algeria receives rating “B-”, with a numerical grade of 50.7 on a scale of 1-to-100, with 100 representing the highest level of stability and anything below 16 representing a failed state....
Full story
image

Reflections from The Morocco Summit: Gateway for Unlimited Opportunities

In a stimulating and action-oriented atmosphere, over 200 prominent Moroccan and international leaders from a breadth of disciplines and legal traditions convened on November 19-12, 2013, at the inaugural Morocco Summit at Sofitel Jardin des Roses, Rabat, Morocco to promote Morocco as an investment hub and gateway to doing Business in North Africa. As the President and Chief Counsel of ARPA International (www.arpainternational.org ), ARPA had the privilege to co-lead the process of convening such a diverse international gathering of leaders....
Full story
image

Despite Security Vacuum in Libya, Oil Exploration Goes On, Repsol Finds New Reserves

The North Africa Journal | There have been high profile cases of companies leaving Libya in droves. The actions of armed militias and those of the Islamist militants active in the country, overwhelming the weak government in place, have scared a great number of companies. But for those willing to stick around, eventually it will all pay off....
Full story
image

Wanted: Algerian Court Issues International Warrant for the Arrest of Ex-Oil Minister Chakib Khelil

The North Africa Journal | Chakib Khelil, the once top powerbroker in Algeria’s oil and gas sector, woke up this Tuesday morning with news that the judicial authorities in his country of origin want him in jail....
Full story

Algeria to Beef Up Security in Oil Fields

The North Africa Journal: Recognizing the increase risk in and around oil and gas fields, the Algerian government is planning to strengthen security in these key economic infrastructures....
Full story
image

ArcelorMittal Site in Algeria Headed Toward Nationalization

The North Africa Journal | Steel giant ArcelorMittal may be given a lifeline and a gift of sort by the Algerian government. The company is reported to be wanting the Algerian government to acquire an additional 21% stake in its Annaba unit, northeast Algeria for $200 million. ...
Full story
image

ENI-Saipem Hit by Corruption Scandal on Algeria Business

The North Africa Journal | Italian oil and gas industry contractor Saipem is embroiled in a corruption scandal in its Algeria operation that forced the resignation of its veteran CEO Pietro Franco Tali. The company’s engineering and construction Chief, Pietro Varone was suspended pending the ongoing investigation. Energy giant ENI, which owns 40% of Saipem announced the resignation of its own CFO Alessandro Bernini. ...
Full story
image

Tunisia’s Real Estate Market: Between Fear of Proximity to Libya and Spanish Competition

The North Africa Journal | The real estate market in Tunisia is displaying mixed signals. Pockets of growth in the housing market continue to drive prices up, but these houses were designed for foreign investors and wealthy Tunisians. In contrast, the average Tunisian is priced out of these desirable real estate sites as their incomes do not meet the continuously rising prices in regions that have been insulated from the political crisis facing the country for the past two years. ...
Full story
image

Competing for Africa: Is China’s Africa’s Economic Campaign Unstoppable?

The North Africa Journal | By Arezki Daoud | China's Africa's economic policy remains a major topic among Analysts and watchers. But while the China offensive on the African continent seems unstoppable, a number of issue are facing Chinese companies as they deal with African decisions makers. Cultural differences, lack of transparency and corrupt practices have forced some Chinese companies to be on the defensive. And as the relationships between Africa and China grow stronger, Chinese executives and the officials that oversee them should think harder about the way they do business there. ...
Full story
image

Counterfeit Goods Invade North Africa, Industry Poorly Coordinated

The North Africa Journal | North African customs are facing a deluge of counterfeit products entering their markets. In Algeria, the customs office reports that the amount of counterfeit products they seized rose by a stunning 84.5% in 2011, compared to 2010. The DGD is either overwhelmed by such inflow of illegal products or does not have enough incentives to launch a full crackdown. In neighboring Morocco, the situation is no better, so much so that multinational corporations that own well-known consumer brands have began cracking down on the counterfeit market themselves....
Full story
image

Despite Security Concerns, Oil Companies Position Themselves for Leadership in Libya

The North Africa Journal | By Arezki Daoud | In all our discussions with corporate executives, we end up with two critical conclusions regarding their exposure to the region and beyond. First, doing business in North Africa is important to them and their companies given the oil and gas sector, and the vast amounts of money governments there have to spend on economic buildup and reconstruction. Ignoring the region is not the smart option, and they know it. Secondly, however, the risk factor in the region is a permanent one, requiring higher operational cost and perpetual reassessment of postures and exit strategies....
Full story
image

Debt Crisis in the Moroccan Subsidy System: Undesirable Gift for Islamist PM

The North Africa Journal | By Arezki Daoud | There is a bumpy road ahead for the new government leader in Rabat. As he enters his offices, both excited and energized by a fresh electoral victory with the prospect of governing a nation, Prime Minister Benkirane has to deal with the country’s accounting books, and what he sees does not please him. The ledger looks dangerous and could force him to chose between making unpopular decisions or maintain a financially unsustainable status quo. ...
Full story
image

Betting on the Wrong Horse: China and Russia Struggling to Deal with the New Libya

The North Africa Journal | By Arezki Daoud | It is becoming increasingly evident that China and Russia have bet on the wrong horse when they sided with Muamar Gaddafi as other UN members sought to condemn him over the killings of his own people. On the short term at least, and in the foreseeable future, Chinese companies that have done business in Libya during the Gaddafi era are being scrutinized by the Libyan interim authorities, while the Russians find the Libyans evasive and unwilling to cooperate at the moment....
Full story
image

Debt Crisis in the Moroccan Subsidy System: Undesirable Gift for Islamist PM

There is a bumpy road ahead for the new government leader in Rabat. As he enters his offices, energized by a fresh electoral victory with the prospect of governing a nation, Prime Minister Entrance has to deal with the country’s finances, and what he sees does not please him....
Full story
image

SNC-Lavalin: Collateral Damage of Dealing with Dictatorships

The North Africa Journal | Damage control and reputational risk are two things the Canadian engineering giant SNC-Lavalin is currently experiencing firsthand. As the company celebrates one hundred years of business, it is facing unprecedented scrutiny related to its dealings with the Gaddafi family of Libya. Key senior executives have already lost their jobs as the company is going through damage control, and construction contracts in other parts of the world are being questioned. ...
Full story
1 2 3 4 5 6 7 next total: 121 | displaying: 1 - 20
What's new
image

Morocco’s Military Equipment Purchases from France Exceeded $750 million in 2013

Morocco spent more than $2.5 billion in acquiring French military hardware over the past five years. In the decade ending 2013, Morocco was been France’s 6th biggest buyer of French weapons, behind Saudi Arabia, India, Brazil, the UAE and the USA.
image

Trapped Between Delusion And Denial

The Israelis and Palestinians have been trapped for decades between delusions and denial and both have resorted to ideological and religious dogmas that dismiss with conviction any factual evidence to the contrary.
image

Maghreb & Sahel Face Deadliest Period on the Security Front

The North Africa Journal - MEA-Risk released its latest assessment on the state of security and stability in the Maghreb and Sahel region. Findings from MEA-Risk's Critical Incidents Tracker shows that the region continues to face unprecedented violence. All data measuring negative factors tracked by MEA-Risk’s Critical Incidents Tracker have been on the rise, some at alarming rates.
image

Intensity of Crises in Maghreb and Sahel Regions Remains Dangerously High, Says MEA-Risk

The North Africa Journal: For the week ending June 8, 14, the combined disruptive events recorded by sister company MEA-Risk’s Critical Incidents Tracker showed an intensity that remained within the “High-Risk Zone” level, just as in the previous week.
image

Severity of Crisis in Maghreb/Sahel Region Intensifies, Says MEA-Risk

The North Africa Journal: Sister company MEA-Risk issued its weekly analysis on the multi-faceted crisis affecting the whole Maghreb and Sahel region. The findings show while the number of incidents for the week ending June 1, 2014 dropped by about 10% from the previous cycle, the intensity of the crises rose at an alarming 22.4%. Casualties in the Maghreb/Sahel region rose 11% to 83 deaths, mostly concentrated in the Mali/MLNA conflict and in Libya.
image

Morocco: Growing Social Tension amid Rising Costs of Living

The North Africa Journal | With the government focused on reducing the weight of subsidies on the national economy, Moroccan households continue to struggle with the rising costs of living. So much so that an unusual consensus has emerged among three competing labor unions as they now form a common front against the government and Morocco’s corporate bosses.
image

With Another Bouteflika Term, Algeria Faces Uncertain Future

The North Africa Journal | President Bouteflika extracted his fourth term like a dentist extracting a tooth from a child. It was a painful and ugly scene, but also an embarrassing moment for a country that has so much to offer.
image

US Military Capture Tanker Carrying Libyan Oil

The American military have seized an oil tanker carrying crude illicitly obtained from a rebel-held port in Libya.
image

Libya: Time for Something Radically New

The North Africa Journal | By Arezki Daoud | The sacking of Prime Minister Ali Zeidan may be long overdue, but Libya’s problems remain the same with a dysfunctional and divided Congress, and regions and ethnic groups feeling neglected. The country wants to run as a normal nation but there is nothing normal in its current situation.
image

Mayhem in Ghardaia: Ethnic Conflict Tearing Apart Central Algeria

The North Africa Journal | A 22-year old Mozabite man of Berber decent was assassinated by a gang in early February 2014, making him the fourth victim since the start of the year.
Advertisement
Featured author
image

Sihem Hajji

Ms. Sihem Hejji [1ère année mastère GRH à l' ISG Tunis] is a Tunis-based human resources and education columnist. She focuses on employment and link to schools while pursuing a graduate degree in the field. Sihem worked for Citibank Tunis.
Powered by Vivvo CMS v4.0