BAM Governor Abdellatif Jouahri

Jumia to exit Algeria citing stagnant market

Jumia Technologies AG said it will put an end to its operations in Algeria by the first quarter of 2026, as the company seeks to shift focus to strongest African markets. The move follows earlier exits from South Africa and Tunisia and forms part of a broader “geographic recalibration” aimed at improving operational efficiency and […]

America offers Algiers economic & security cooperation, without making any concession on Moroccan Sahara

U.S. senior advisor for Africa Massad Boulos has quelled Algeria’s speculations about a possible change in the United States’ position on the Sahara, leaving the Algerian junta in “shock and awe” as their margin of maneuver is considerably reducing. In an interview with Algerian newspaper El Watan, Boulos said he discussed the Sahara issue with […]

U.S. Senate confirms nomination of Duke Buchan as ambassador to Morocco

The U.S. senate confirmed on Tuesday the nomination of Duke Buchan III as new U.S. ambassador to Morocco, paving the way for the diplomat to assume as soon as possible his post and mission of strengthening further U.S.-Moroccan strategic partnership in security, economy, technology, transportation, agriculture, and energy sectors. Duke Buchan III, a businessman and […]