the north africa journal






 



 










225th Issue: March 2011 ---- Download full PDF version here

Civil War in Libya:
From the Euphoria of a Revolution to a Protracted Conflict



The plot is set. Muamar Gaddafi cannot leave his country without risking an immediate arrest. He cannot give up Tripoli easily or else he will find himself without hostages and risk being killed by the Libyan people. Cornered as a mad beast, he has nowhere to go and will fight until the last bullet as his son promised. With that in mind, unless a miracle happens, like a foreign military intervention, the Libyan civil war could go on for a long while.
For now, Muamar Gaddafi is entrenched in his bunker in Tripoli and makes the occasional trip outside to meet and greet his supporters or take interviews with foreign reporters. Foreign pressure, although continuously mounting, is not enough to convince him that he is no longer a legitimate ruler. Within the country, confusion dominates. One day it is the euphoria in Benghazi, the next is fear of an offensive from the loyalists of the dictator. Despite the difficulty to predict what the outcome is, some elements of the Libyan civil war point us to the most likely scenario and that is the bloody end of the Gaddafi era. Continue here.


Global Investors Reassessing their MENA Posture:
Investments in the Region Likely to Drop Considerably

Ever since former President Ben Ali was toppled by the Tunisian people, risk management and assessment executives in global corporations have been working around the clock to figure out what posture to take. The subsequent events that followed in form of a domino effect, starting with the deterioration of the Egyptian market, then the acceleration of risk in Libya as that country exploded forced corporations to halt operations, evacuate foreign staffs out of the danger zones, and reevaluate where they stood. Continue here.


The King of Morocco’s Reform Speech:
Good First Step, but Many More Needed to Comply with Youth Demands

The King of Morocco gave this week a highly anticipated speech on his political reform agenda. Although no doubt the speech provided some positive news and is moving Morocco one step forward, many more steps are needed to fulfill and comply with the legitimate demands of Morocco’s youth. As Mohamed VI said in his speech “I call on everyone to continue contributing to this general plan to bring it to maturity, through a wide-ranging, constructive national debate,” well then, let’s start the debate. In this early engagement from the Moroccan monarch, some of our first reactions to what was proposed...Continue here.


The Tunisia Military:
An Honorable Institution with Revenge in Mind

The Tunisian defense forces acted honorably as their country faced a major political crisis. By deciding not to intervene, General Rachid Ammar and his men and women in uniform showed unparallel professionalism that most Arab countries’ military lack. By doing so, they accelerate the demise of the dictator, responding to the wishes of the Tunisian people. Continue here.


Competing for Resources:
The Russians to Search for Uranium in Niger, Threatening the Dominance of France’s Areva

Areva, the French uranium giant has greeted 2011 with a series of crippling problems. After an alleged Al Qaeda kidnapping of five of its workers in Niger, and a direct threat to its operations in the region, it is now witnessing increased competition for uranium from an equally giant firm, Gazprombank NGS, a subsidiary of the colossal Russian oil firm Gazprom. Continue here.


Guilty by Association or Corporate Misconduct?
France Telecom in Hot Water over Allegations of Wrongdoing in Tunisia

Key French government officials are not the only ones targeted by the media over their dealings with the Ben Ali regime. Businesses are starting to feel the scrutiny shifting toward them. The way Orange, a unit of France Telecom was introduced in Tunisia is the subject of heated articles in the French press these days. The telecom giant has been accused by the investigative site Owni.fr of overpaying for the right to operate the Orange mobile license, currently with 750,000 subscribers, essentially to benefit the entourage of the disgraced ex president. Owni says it suspected that France Telecom gave gifts to Marouane Mabrouk, the son in law of Ben Ali, allegations that have been flatly denied by the company. Continue here.


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MORE ANALYSIS


North Africa’s Defense Expenditure:
Serious Concerns or Legitimate Spending
?


After the Quake in Japan,
Is North Africa Ready
?


Niger Presidential Election Results:
Yet another Victory for Muamar Gaddafi



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Tumultuous North Africa

By Arezki Daoud

It is no business as usual in North Africa. Two dictators have been toppled, a civil war is underway, wind of reform is seemingly sweeping across the region with a highly unpredictable outcome. The volatility of the situation means that the hope that we felt one day, turns into despair and stress the following.Continue here.


With Ben Ali on the Run and Gaddafi Fighting for his Life is a Unified Maghreb a Fading Dream?

By Nasima Alli

All eyes are currently focused on the revolutions taking place in the Middle East and North Africa. It started with mini rumblings in Algeria over the price of foods and a housing distribution program gone bad during the month of December 2010. The wave of discontent quickly progressed to Tunisia, then Egypt, now Libya, Bahrain, Yemen, Jordan, and even the sheltered Saudi Arabia. No Arab ruler and beyond feel so vulnerable..Continue here.

Guilty by Association or Corporate Misconduct? France Telecom in Hot Water over Allegations of Wrongdoing in Tunisia

Company Performance Review: Ciments du Maroc

Disway Morocco Shareholding Update

Alliances Développement Immobilier Invests in Hotel Sector

Addoha Morocco in a Military Housing Project

Trading Halted for Ennakl in Casa Stock Exchange


The other dimension of the virtual space in the revolution of freedom in Tunisia: from Facebook to Streetbook

Women Entrepreneurs Bracing for a New Tunisia


Boosting Spending to Ease Popular Discontent is Risky Strategy

Strengthened Trade Unions, Weakened Businesses: Tunisian Economy at Risk of Prolonged Crisis

The Arab Revolutions and the Rising Commodity Prices

Fitch Reduces Tunisia Rating

Algeria Maintains 49% Equity Ceiling for Foreign Investors


Algeria to OK Auto Loan Program if Domestic Auto Assembly Takes Shape


Tumultuous North Africa

Civil War in Libya: From the Euphoria of a Revolution to a Protracted Conflict

Global Investors Reassessing their MENA Posture: Investments in the Region Likely to Drop Considerably

With Ben Ali on the Run and Gaddafi Fighting for his Life is a Unified Maghreb a Fading Dream?

The King of Morocco’s Reform Speech: Good First Step, but Many More Needed to Comply with Youth Demands

The Tunisia Military: An Honorable Institution with Revenge in Mind