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Algeria Mulls Building $ 2 bln Condo Towers

The Algerian government is planning to build five major tower complexes in the North African country, which is an important oil and gas producer. These major residential projects, to cost $ 2 billion, are destined to reduce and mitigate housing shortage exacerbated due to galloping population growth and a steady flow of urban migration. The […]

Morocco’s RAM to quadruple its fleet to 200 aircrafts by 2037

Moroccan flag carrier RAM plans to increase its fleet fourfold from 50 aircrafts to 200 by 2037 as the country prepares to host 67 million tourists, the Prime minister’s office said. A contract, signed Tuesday, covers the 2023-2037 period providing for an increase in the state’s contribution in RAM’s capital, the prime minister’s office said. […]

Maroc Telecom appoints Benchaaboun new chair

Maroc Telecom, a Moroccan company with branches across Africa, announced the appointment of Mohamed Benchaaboun as new chair, succeeding Abdeslam Ahizoune who has led the company since 1999. The decision was taken by Maroc Telecom’s Supervisory Board which offered Benchaaboun a two-year term, while thanking Ahizoune for spearheading its expansion in Africa. Besides Morocco, the […]