automotive industry

Morocco calls for leveraging more private funds in African infrastructure

Morocco reiterated its call for the setting up of a new African investment model that leverages capital from private and institutional investors to make up for a drop in public investments on the back of the successive crises. Speaking at an event by Africa50, an infrastructure investment platform operating under the umbrella of the African […]

A whole town’s stock trading blocked by a hurricane

For the first time in 27 years, the New York stock exchange market closed due to extreme weather conditions.  During these last few days the proximity of Hurricane Sandy to this economical center of the US has been known. Many roads were blocked and thousands of residents were told to evacuate. But the decision to […]

Mauritanian president replaces pro-Algeria generals

In a major army leadership reshuffle, Mauritania’s president Mohammed Ould Ghazouani removed generals who had recently met Algeria’s chief of staff. Mauritanian observers said the move was a pre-emptive strike from President Ould Ghazouani, sensing a potential Algeria-orchestrated coup. Under the reshuffle, General Mohamed Vall Ould Raïs was appointed new Chief of Staff of the […]