Morocco’s Al Mada plans expansion in the African food market

Morocco’s private investment fund Al Mada said it has set up an international food industry subsidiary focusing on Africa, dubbed Teralys. As part of its goal to promote food industry in Africa in a way that is conducive to regional integration, Teralys signed an agreement to acquire a majority stake in Senegal’s Patisen, Al Mada […]

IMF sees World Cup infrastructure driving medium‑term growth in Morocco

Morocco’s preparations for hosting the 2030 FIFA World Cup are expected to involve a significant multi‑year infrastructure investment program amounting to about 12% of GDP between 2024 and 2030, according to the International Monetary Fund’s latest Article IV consultation report. The IMF estimates total spending at around 190 billion Moroccan dirhams ($20 billion), covering mostly projects in railways, […]

Algeria closes publishing house due to book on Judaism

In a new antisemitic move, the Algerian regime ordered the closure of a publishing house named after Franz Fanon in Boumerdes, after it published a book on Jews in Algeria. Authorities gave the pretext of “threats to security and public order, attacks on national identity, and hate speech” for its censorship. The book in question, […]