First Independent Mena Newspaper
Algeria’s shaky regime grips Tunisia like a lifeline, preferring a compliant neighbour to a competitive one; it now treats the country as a de facto wilaya and backs Kaïs Saïed’s tenure to keep Tunis under its influence, says the NY-based Geopolitics magazine. Algeria is locked in an archaic rent-seeking system nurtured by anti-Moroccan nationalism. It […]
West African leaders have affirmed their commitment to accelerate investments and reforms to make fertilizers more accessible and affordable during the recent high-level roundtable jointly organized by the World Bank, and the Economic Community of West African States (ECOWAS) and the Togolese government. During the event (31 May), held in Togo’s capital, Lome, industry leaders […]
Economic growth in Morocco is expected to pick up to 3.1 per cent in 2023, announced on Tuesday by the European Bank for Reconstruction and Development (EBRD). In its latest Regional Economic Prospects (REP) report, the Bank’s analysts explained the projected Moroccan economic growth by the anticipated agricultural recovery, moderate inflation and the country’s removal […]
Since it joined the African Union a year ago, Morocco has been working closely with African states to address the continent’s pressing issues, notably migration, sustainable development and peace and security. The next African summit, the 30th, scheduled on January 28-29, will see Morocco present a new Agenda on Migration in Africa along with the […]
King Mohammed VI made the case, in a speech to the African Union leaders, for the emergence of a “New Africa” that is able to turn its youth potential and the institutional challenges it faces into development opportunities. In the speech, read out by the King’s brother Prince Moulay Rachid at the 29th African Union […]
The launch of the gradual float of the Dirham to reach a flexible exchange rate regime will not lead to currency devaluation reassured Governor of Bank Al Maghrib, Abdellatif Jouahri. Speaking at a press conference in Rabat, Jouahri played down the speculations on risks of Dirham devaluation due to the currency float saying that the […]
At the opening ceremony of the two-day National Conference on External Trade taking place at the Palais des Nations in Algiers, Prime Minister Abdelmalek Sellal said the drastic fall of oil prices gives “a valuable opportunity” to the county “to review the situation of its trade to radically and progressively end dependence on hydrocarbons.” Algeria’s […]
Political parties vying for legislative seats in the elections to be held on Sunday have been campaigning for votes within the country. Sunday’s parliamentary vote will elect the 217-member assembly, and that will chose a new prime minister to lead the government to replace Tunisia’s caretaker administration. Presidential elections will be held in November. Tunisians […]
The European Commission has approved two new cooperation programs worth € 45 million destined to help Algeria modernize its public administration and diversify its economy. The first program worth 15 million Euros will support the efforts made by the Algerian authorities for the diversification of their economy which remains heavily dependent on oil and gas […]
The minister responsible for investment has voiced out that the country’s actual economic situation might force the government to ask for a precautionary standby credit line worth $2.5 billion from the International Monetary Fund. He said they not completely ruling out the idea because they need the sum in order to give assurances to their […]