Business
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.
[Corporate Affairs] Algerian Truck Maker Folding Under Competition
One of Algeria’s oldest and well-known state-owned companies, Société Nationale des Véhicules Industriels (SNVI) is quickly headed to extinction....[Corporate Affairs] Aigle Azur Expands Market Share in Algeria
Private carrier Aigle Azur is expanding its services into Algeria, enabling it to gain market share from its current competitors, including the state-owned Air Algérie....[Economy and Trade] Growing Signs of a Cooling Tunisian Economy
Tunisia, the region’s most aggressive and best run economy has witnessed a cooling of its growth in late 2008, a trend that will persist in 2009....[Economy and Trade] A Brief Look at Algeria’s Trade Relations with France and Japan
While Algerian officials are generally satisfied with their country’s economic ties with France, there is growing frustration over Japan’s position in general....[Economy and Trade] Is Morocco Sheltered from the Global Financial Meltdown?
The Moroccan financial authorities and national experts are hoping the global financial meltdown will not affect their own banking sector. ...[Finance and Banking] Moroccan Banks Facing Liquidity Crisis
If one listens to former finance minister Oualalou, the Moroccan financial sector is sheltered from the global financial crash. Not so if one looks at the current credit crunch facing Moroccan banks. ...[Finance and Banking] Attijariwafa Bank Takes over Crédit Agricole’s Operations in Africa
Africa is an important component of the Moroccan bank Attijariwafa (AWB) international expansion strategy. ...[Industries and Markets] Moroccan Textiles in Search of an Open US Market
Moroccans are looking to market their textiles in the United States to take advantage of their country’s free-trade agreement with the US. ...[Industries and Markets] The Maghreb Competes to Attract European Call Centers
Offshoring is often the preferred term used by French speaking professionals to refer to the outsourcing of business functions in foreign sites. ...[Industries and Markets] Heineken to Erode SFBT Stronghold of Tunisian Beer Market
With the end of the monopoly on beer making in Tunisia, competition is expected to heighten with the emergence of new players and global brands. ...[Industries and Markets] China’s Makes Major Industrial Inroad in Algeria
For years, Algeria has been attempting to build an auto assembly industry. But bad luck, poor timing, and a whole set of economic and political troubles forced it to postpone its project to a better time. ...[Agriculture and Tourism] Mauritania Fisheries in State of Disarray
Once a major fishing hub, Mauritania is now facing a draconian environment as a result of an overnight and poorly planned political decision....[Industries and Markets] Cooling of Demand for Cars in Morocco
Although 2008 is on track for a new record for the auto industry in Morocco, the fourth quarter is turning out to be more challenging than predicted. ...[Industries and Markets] Canal+ Dropping out of North African TV Screens
North Africans have long been accustomed to receiving the television programs of France’s Canal+....[Corporate Affairs] Algeria: DHL to Use Biggest Airport Terminal in the Maghreb
DHL, one of the world’s largest express shipping and international logistics companies, has inaugurated the Maghreb’s largest airport terminal to accompany the economic growth of the North African country....[Energy and Mining] Tunisia Continues Investing in Oil Exploration and Production
A new gas field in Tunisia has begun production. Situated off shore the island of Kerkennah, the field required TND 100 million to develop, with its output entirely purchased by the Tunisian power company Société d’Electricité et du Gaz (STEG)....[Energy and Mining] Algeria Looks at Solar Energy for More Power
Algeria ambitions to develop its own solar energy industry with a goal of producing 1,200 megawatts of power from that source by 2015. ...[Energy and Mining] Canamens to Search for Oil in Morocco
Canamens, a small private equity funded upstream oil and gas company based in the United Kingdom, signed several agreements with Morocco’s Office National Hydrocarbures et des Mines (ONHYM) to explore for oil in Morocco....[Energy and Mining] Medgaz Links Algeria and Spain with Deepwater Pipeline
Medgaz has completed the pipe-lay operations that will directly connect Algeria to Spain. ...What's new
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