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Algeria: Bouteflika suspected of strengthening strategic allies

President Bouteflika has carried a major political decision since returning from his treatment in France by reshuffling his cabinet. Principal ministerial posts such as interior, defense and foreign affairs ministries have been affected. Critics claim that the reshuffling is aimed at strengthening the 76 year old president’s grip to power while enthusiasts believe that it […]

Morocco Loses up to $2 Billion in Trade Imbalance with Turkey

Morocco’s trade minister Moulay Hafid Elalamy reiterated the need for a review of the trade agreement with Turkey whose imbalances cost Morocco $2 billion annually. Speaking to MPs, Elalamy said that Morocco may scrap the deal if no agreement is reached to redress the dysfunctions. While praising the benefits of the free trade deals signed […]

Casablanca Finance City, Belgian Finance Center Seal Partnership

Casablanca Finance City (CFC) and Belgian Finance Center (BFC) have signed a partnership deal, laying the foundations for a lasting cooperation in promoting investment opportunities between Belgium, Morocco and Africa. The partnership will provide a platform for exchange, encouragement of best practices, and knowledge sharing in the fields of SME financing and corporate governance, the […]