Algeria wants to develop a car industry but it wants it fast and without meeting the pre-requisite: a competitive industrial cluster or ecosystem of local part suppliers. In 2019, after his election, Algerian President Tebboune had criticized car industry professionals in his country accusing them of practicing “disguised imports” due to the very low sourcing […]
During the Council of Ministers chaired Saturday in the southern city of Laayoune, King Mohammed VI appointed some 40 new Ambassadors to several foreign capitals. The official list of the new ambassadors has not been disclosed yet, but press reports, quoting reliable sources from the Foreign Ministry, leaked some names. Among these, there is Lalla […]
The managing director of the International Monetary Fund (IMF) Christine Lagarde on her current visit to Algeria said that the country still has room for growth but needs to reduce unemployment. She made these remarks shortly after having a meeting with President Bouteflika, Prime Minister Sellal, Governor Mohammed Laksaci of the central bank and other […]
