Algeria: “Family succession to power, not possible in Algeria”, former PM

Former Algerian Prime Minister Mouloud Hamrouche Saturday indicated that the Algerian political system outlook and social features do not allow family succession to power in Algeria as rumors indicate that incumbent ailing President Bouteflika is grooming his younger brother to take over him as head of state. “The features of the society and the Algerian […]

Morocco: King presides over launch of construction works of an anti-Covid-19 vaccine manufacturing plant

King Mohammed VI chaired this Thursday in the province of Benslimane (Casablanca-Settat Region), the launching ceremony of the works for the construction of a manufacturing plant for Covid-19 vaccines and other vaccines. The plant will require an investment of approximately 400 to 500 million euros. With the launch of this structuring project which, in the […]

Morocco unseats South Africa in ranking on investment attractiveness-Rand Merchant Bank

After overtaking South Africa as the continent’s first car producer, Morocco is moving forward unseating Africa’s largest economy in terms of attractiveness to investments, said the Rand Merchant Bank in a recent report. The report shows that Morocco, with an expected growth rate of 4% in the medium term, has greatly enhanced its operating environment. […]