Morocco has solidified its position among Africa’s leading wealth centers with 7,500 millionaires, representing a 40 percent increase over the past decade, according to the Africa Wealth Report published recently. This growth trajectory places the kingdom third continentally, behind South Africa’s 41,100 millionaires, Egypt’s 14,800, and ahead of Nigeria’s 7,200 wealthy individuals. Casablanca remains Morocco’s […]
“Disguised imports”. It is thus that critics have described Algeria’s policy to set up car assembly plants. Since 2012, Algeria has been trying to attract foreign investments by automotive giants in order to reduce its imports bill, but the results so far are disappointing. Indeed, the opening of a car assembly plant by Volkswagen in […]
The Tunisian army has thwarted an attempt by an armed group from Libya to sneak onto Tunisia. A security source from Ben Guerdane, southern Tunisia, near the Libyan border told local radio Mosaïque FM that the army repelled the attempt. The source did not identify the armed group but said the two sides traded gun […]
