Death of Lawyer in Custody Reignites Concern over Human Rights

Algeria: Government shelves equipment projects due to oil prices collapse

The Algerian daily Liberté announced Monday that the government has decided to freeze all equipment projects it was planning to carry out due to acute slash in oil revenues. The Algerian government whose economy largely hinges on oil revenues is unable to forge ahead with its large and nationwide equipment projects plan to refurbish its […]

Morocco Expands Green Hydrogen Development amidst Infrastructure & Regulation Challenges

Morocco’s National Electricity Regulatory Authority expanded its mandate in December 2024, extending beyond electricity sector regulation to encompass strategic sectors including hydrogen, as the kingdom advances its green hydrogen industry development leveraging renewable energy resources and strategic geographic positioning. Positioned with substantial renewable resources, particularly solar and wind, strategic geography at Europe’s doorstep, vast territory […]

Moroccan Holmarcom group acquires majority stake in Kenyan insurance company

Moroccan Holmarcom Group has bought a 51 pc stake in Kenya’s Monarch Insurance Company for an undisclosed sum. The transaction, which is subject to approval by Kenya’s competent authorities, will enable Holmarcom to become the majority shareholder along with Kamu Group and Maisha Bank. The Moroccan private group operates in finance, insurance, agribusiness, distribution, logistics […]