French Lactalis threatens to pull out of Algeria as workers still block operations

French dairy Lactalis Corporation has threatened to end operating in Algeria as it fusses about obstruction of its activities in the North African country by a group of workers who have closed the factory over what the firm calls “personal interests”. The small group of workers has unlawfully seized the factory and prevented other colleagues […]

Morocco: Bill regulating use of Cryptocurrencies is ready, BAM Governor reveals

The bill to regulate the use of cryptocurrencies in Morocco is ready, announced the Governor of the Central Bank (Bank Al-Maghrib- BAM), Abdellatif Jouahri. Speaking at a press briefing following BAM’s 4th and final quarterly meeting of 2022, Jouahri stressed that the draft to put in place a proper regulatory framework is ready. “For cryptocurrencies, […]

Algeria’s Tebboune draws mockery after mishandling figures at the UN

Notorious for inflating figures, Algeria’s president Tebboune draw mockery to himself and to his military masters when he conflated figures in front of the international community. During his speech at the UN General Assembly, most seats were empty showing once more Algeria’s standing among the nations. He once again doubled down on his mistakes saying […]