Bouteflika Playing his Little Game of Musical Chairs again with Prime Ministers

Abdelmajid Tebboune, who was still called the new Prime Minister of Algeria, was fired Tuesday, less than three months after he took office. The decision took everyone by surprise and so did the announcement of the man replacing the dismissed PM, as President Abdelaziz Bouteflika picked for the position the director of his cabinet, Ahmed […]

US automotive company Adient to set up new plant in Kenitra

US automotive company Adient is set to establish a new production unit for fairings in the industrial zone of Kenitra, western Morocco. The project related agreement was initialed Monday by Moroccan Minister of Industry and Trade, Moulay Hafid Elalamy, and the company’s Executive Vice President EMEA, Michel Berthelin.   The project, requiring a budget of […]

EU’s expanded carbon border tax set to hit African exporters hard

Recent amendments to the European Union’s Carbon Border Adjustment Mechanism (CBAM) are set to significantly affect African exporters, particularly those in industries with high carbon emissions, experts say. Introduced last month, these changes expand the scope of the CBAM to include indirect emissions — those generated by electricity used in production. This poses a serious […]