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Morocco Selects Ashurst, HSBC as Advisors for ‘Gas to Power’ Project

Morocco’s Electricity Utility (ONEE) selected two British firms as technical and financial advisors for its gas to power project. The London-based law firm Ashurst has been selected under a contract worth €1.9 million, while the Emirati branch of the British bank HSBC won a legal contract standing at $7.2 million. The gas to power project […]

Governor of Morocco’s Central Bank Stars in Global Ranking

Abdellatif Jouahri, governor of Morocco’s central bank, Bank Al Maghrib, was distinguished as one of the best performing heads of central banks in the world in the Central Banker Report Cards 2017 established by US magazine Global Finance. Jouahri was listed as a shining central bank president in the prestigious A grade category along with […]

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 […]