Othmani

Morocco poised to unseat India, China as most competitive automotive investment destination

Morocco strives to improve its competitiveness in order to outperform India and China as the most attractive hub for automotive investments, Industry Minister Moulay Hafid El Alamy said. Morocco has offered propitious conditions for car manufacturers and part suppliers in key industrial clusters in Tangier, Casablanca and Kenitra. Building on its investments in low-carbon economy […]

Nigeria, Malawi and Rwanda have Africa’s worst-performing currencies in 2024

Nigerian naira, Malawian kwacha and Rwandan franc have been named the worst-performing African currencies against the US dollar in 2024, according to a latest report, having faced an array of challenges, from persistent trade imbalances, dwindling foreign reserves, to political instability. Some African nations strengthened their currencies, while others faced worsening exchange rates in 2024. […]

Purge of Algeria’s Top Generals Casts Shadow on Regime Opacity

A purge of long serving military officials in Algeria has cast a shadow on an opaque regime where an ailing president braces for a fifth term amid a silently brewing power struggle between rival clans within the regime. In August, four of Algeria’s six regional military commanders were let go, along with five of the […]