Tunisian land or chairman Hatem Denguizli & Moroccan industry minister Hafid Elalamy

Algeria: PM Sellal to resign

Algerians remain divided on President’s Bouteflika’s decision to contest for elections in April. Those in the opposition believe that he is old and weak to govern the country. A source close to the President’s campaign team has hinted that Prime Minister Abdelmalek Sellal will be rendering his resignation on Thursday in order to focus on […]

Automotive sector tops Morocco’s exports, cuts deficit

Morocco’s trade deficit contracted by 6.8% in the first six months this year, thanks to a rise in car exports and a drop in energy imports, the foreign exchange office said. Imports dropped to 358 billion dirhams, while exports rose to 221 billion dirhams leaving a deficit of 138 billion dirhams. Morocco has prepared the […]

AfDB calls for more investment in agriculture to tackle Africa’s ‘great paradox of development’

Africa Development Bank (AfDB) has announced the launch of the Special Agro-Industrial Processing Zones Alliance (SAPZ) to mobilize at least $2 billion in financing and investment commitments from its members to develop the continent’s food and agribusiness industry over the next five years. The project has been hailed as a significant step towards making Africa […]