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Algeria: Africa’s 2nd largest consumer gets €50 million Renault factory
Algerian and French government officials were gathered at the western city of Oran to witness the opening of a €50 million Renault car factory in Algeria that will produce 25,000 units per year before rising to 75,000 by 2019. The plant is a joint venture and will be producing the ‘Symbol’ model; a saloon based […]
Africa-CARICOM Summit: Royal Atlantic Initiative embodies active, united South-South cooperation
The Royal Atlantic Initiative, a concrete example of effective South-South cooperation between Africa and the Caribbean, was highlighted during the 2nd Africa-CARICOM (Caribbean Community) Summit. Speaking at the Summit, held in Addis Ababa this Sunday sept.7, Morocco’s Ambassador and Permanent Representative to the African Union and the UN Economic Commission for Africa, Mohammed Arrouchi, emphasized […]
IMF: MENA Region Can Offer Better Future for its Citizens
Despite major challenges, the MENA region can capitalize on the opportunities provided by the strengthening of global economy and provide a better, more equitable, and prosperous future for its citizens, says a report released by the International Monetary Fund (IMF). The region’s highly educated and tech-savvy youth have tremendous potential to spur growth if given […]



