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Marsa Maroc to operate western terminal at Nador West Med port

Marsa Maroc, Morocco’s leading port operator, said it will be operating the  western terminal at Nador West Med port for a concession period of 25 years. The terminal will be the second to be operated by Marsa Maroc after the eastern terminal concession it won in June last year. The first phase investment in the […]

Gabon adopts new constitution with landslide vote

More than a year after the military coup, the Gabonese people adopted a new constitution by 91.8% of the votes, with a turnout of approximately 53.5%, Gabon’s interior ministry announced. The adoption of the new constitution is expected to pave the way for elections and a return to civilian governance. The new constitution imposes a […]

Algeria: Lower house approves Investment bill limiting 49:51 rule

The People’s Assembly, Algeria’s lower house of parliament, adopted the 37 amendments of the bill on the promotion of investment and limited the controversial and strongly criticized 49:51 investment rule to “strategic sectors” only. The amendments were proposed by the committee of economic, development, industry, trade and planning affairs of the Assembly. The minister of […]