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ANALYSIS
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Libya
has just celebrated 40 years of Muamar Kaddafi’s reign,
putting him on track to beat Omar Bongo’s 41 year tenure
and reach Fidel Castro’s 49 years in power. The difference
between Kaddafi and Castro is that eventually the Libyan
leader may turn out to be more successful than the Cuban
leader in that he is managing to neutralize his Western
foes, and control his domestic opponents, as suggested by
Alessandro Bruno’s analysis.
Continue
here.
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| 216th.
issue - September 2009
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Deconstructing
Libya Part 1
Libya-Europe:
Security, Illegal Immigration and Oil and Gas
Libya has always rejected British and American charges
that two of its citizens masterminded the Lockerbie bombing.
Colonel Muamar Kaddafi, the country’s leader, was
forced to endure sanctions, because having immediately
agreed to extraditing the two suspects, al-Megrahi and
al-Fahimi, would have signaled political weakness. Moreover,
in Libya’s very tribally sensitive political culture,
apart from portraying Kaddafi as having succumbed to western
‘imperialism’ in the yes of Libyan citizens,
African and Middle Eastern leaders, it would have shown
tremendous internal weakness also.
Security
Growing
Military Response to Growing Security Risk in Sahara/Sahel
The Algerian military say a meeting was recently
held involving defense officials of the different Algerian
military zones and their counterparts from Mauritania,
Niger and Mali. The purpose of the meeting was to address
ways to establish tighter coordination to combat the transcontinental
crime and terrorism. Algeria, Niger, Mauritania and Mali
have been facing enormous pressure from Islamist militants
and rising Touareg militancy, problems they feel can be
delt with through better coordination.
Corporate
Maroc
Telecom: 2009 Half-Yearly Results
Maroc Telecom disclosed recently its H1-09 consolidated
figures. The half-yearly achievements were slightly under
our expectations. In fact, when were expecting a recovery
of Maroc Telecom global business in Q2-09 by +3.8%, the
incumbent operator realized a consolidated turnover in
rise by only +1.6% (vs. 2.4% in Q1-09). The management
of the telecom operator revised down its forecasts, for
2009, to a revenue growth of around 2% (vs. 3%) and an
operating margin of around 45% (vs.47%).
Industries and Markets
Algerian
Military, Arab Investors, and German Firms to Create Vehicle
Industry in Algeria
Algeria may end up having a vehicle assembly industry after
all. While this new project is led by the nation’s
defense ministry, help is coming from Arab investor Aabar
of Abu Dhabi and a group of German manufacturers.
Oil
and Gas
BP's
Investment Roadmap in Algeria
Oil major BP plans to invest $2 billion over the next 5
years in the oil and gas projects it operates in Algeria.
Reuters news agency quoted the head of BP's Algerian unit
following an interview.
Oil
and Gas
New
Gas Discoveries in Morocco’s Gharb Region
Morocco’s State-owned National Office of Hydrocarbons
and Mining (ONHYM) announced recently the discovery of two
gas accumulations in the northern region of Gharb in the
Sebou permit.
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IN
THIS ISSUE
 SPECIAL
REPORT
Deconstructing Libya Part 1
Libya-Europe:
Security, Illegal Immigration and Oil and Gas
REVIEW
Visit to Douar Tafza, the Berber Ecomuseum in the Ourika Valley
CORPORATE
AFFAIRS
Maroc Telecom: 2009 Half-Yearly Results
Emirates
Telecommunications Has Funds for Meditel Buyout
AGRICULTURE
AND TOURISM
Moroccan
Domestic Tourism Represents 20% Of Tourism Market
Algeria
Imports Meat to Control Rising Prices
ECONOMY AND TRADE
Algeria
to Slow Imports, to Reduce Credit Risk with New Finance Law Measures
Stalled
Performance of Algerian State-Owned Industrial Sector
Morocco,
Canada Mull Free Trade Agreement
Globalization
and Libya's Investments: Not Always a Safe Bet
FINANCE AND BANKING
BEA
Bank Reviews Performance, Makes Timid Commitment to Algerian Real
Estate
INDUSTRIES
AND MARKETS
Algerian
Military, Arab Investors, and German Firms to Create Vehicle Industry
in Algeria
SECURITY
AND POLITICS
No
Smoking Gun in the Megrahi Release, But Big Projects in Libya
Await British Companies
It's
All About Oil and Some
Growing
Military Response to Growing Security Risk in Sahara/Sahel
Unions
Pressure Belgian Government to Allow Arms Export to Libya
ENERGY AND MINING
BP
To Invest $2 Billion In Algeria Over 5 Years
New
Gas Discoveries in Morocco’s Gharb Region, ONHYM
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