Africa Business Headlines International Morocco

Tanger Med Tops Africa’s Container Ports

Tanger Med was ranked as the first container port in Africa and the 45th in the world in a survey by World Top Container Ports. With a capacity of 3 million containers, the Moroccan port has handled 3,312,409 containers in 2017 that is 11% over its capacity, the Port authority said in a statement. This […]

Algeria Columns Headlines Opinions

Algerian Regime’s Vested Interest in Business Hampers Genuine Economic Reforms

Algerian business tycoons’ close ties with the opaque Algerian regime are making genuine reforms harder to implement as the country faces a crisis reminiscent of the era preceding the 1990s civil war. The Financial Times has published an analysis on the Algerian regime’s vested interest in business and how top businessmen owe their success to […]

Egypt Features Headlines

Egypt’s El-Hadary hangs up his gloves at 45

Egypt’s record-breaking goalkeeper and oldest player, Essam El-Hadary has retired from internationals. The veteran goalkeeper, 45, earned his place in history during Egypt’s 2-1 loss to Saudi Arabia, where he became the oldest man to play at a World Cup this summer. Essam El-Hadary overtook Colombia’s Faryd Mondragn, who played the last five minutes of […]

Algeria Features Headlines

Algeria inks agreement with British and Spanish firms to boost Space program

The Algerian Space Agency (ASAL) and the British firm Wisscom Aerospace Ltd have signed a partnership agreement, to boost the national space technology capacities of the North African nation, ASAL said in a statement. According to the statement, Wisscom Aerospace Ltd together with Spanish company Zero 2 Infinity, specializing in aerospace engineering, will “co-develop space […]

Algeria Headlines

Algeria: Over 700 People Intoxicated after Drinking Tap Water

A scandal is unfolding in Algeria after more than 700 people were intoxicated after drinking tap water in the city of Blida. Most of the victims were registered among children and the elderly showing intoxication symptoms including vomiting, vertigo and acute diarrhea. The local press is citing the low quality of the water distribution system […]

Business Emerging Markets Headlines Morocco

Morocco Allows Imports of U.S. Poultry Meat & Products for first time

U.S. authorities announced Tuesday that Morocco has agreed to allow commercial imports of U.S. poultry meat and products into the country for the first time. The announcement was made U.S. Trade Representative Robert Lighthizer and U.S. Secretary of Agriculture Sonny Perdue. “The Trump Administration continues to prioritize the opening of new markets for U.S. agricultural […]

Headlines Morocco

Major Reforms Await Successor of Sacked Economy & Finance Minister

The dismissal of Mohamed Boussaid, Economy and Finance Minister, by King Mohammed VI came as Morocco is elaborating key economic and financial projects that will leave the upcoming minister with heavy responsibilities. Boussaid was sacked by King Mohammed VI in line with Article 47 of the constitution and in implementation of the principle of linking […]

Egypt Features Headlines

Egypt: Czech tourist dies in shark attack at Red Sea resort

A Czech tourist died Friday as result shark attack in the Red Sea while spending time with family in the North African country, reports say. The identity of the man has not been disclosed but Czech Radio reported that the 41-year-old man was swimming in the Red Sea off the coast of Marsa Alam in […]

Egypt Features Headlines

Egypt: Over 50 suspected militants killed in Sinai

The defense ministry Sunday said over 50 suspected militants were killed in the past days in ongoing operation across the restive Sinai Peninsula where authorities are pushing to flash out the Islamic State group (ISIS). The Egyptian army and forces under interior ministry have been conducting since February a major offensive in the Sinai to […]