Latest Briefs
334 articles
STIP swings to profit as cash strain and falling sales cloud outlook
STIP has posted a net profit of TND 4.7 million for 2025 after a year of deep losses, but the recovery is overshadowed by a sharp revenue drop, negative cash flow, and mounting liabilities that threaten the company's stability.
Algeria and Chad launch joint push in hydrocarbons sector
Algeria and Chad have initiated a targeted mission to deepen collaboration in hydrocarbons, signaling a calculated move to strengthen economic ties and leverage shared energy interests across North Africa and the Sahel.
Algeria launches new mining law to break resource dependency
Algeria's sweeping New Mining Law aims to transform a sector long overshadowed by hydrocarbons, opening the door to foreign investment and competitive tenders while regional neighbors clamp down on foreign access. The stakes are high for Algeria's economic future.
Libyan Airlines targets direct route revival with Syria after years of isolation
Libyan Airlines is pushing to reestablish direct flights to Syria, with aviation authorities in Damascus and Tripoli negotiating operational and security requirements. The talks signal a broader push to reconnect Syria with North Africa and Europe after years of suspended routes.
Turkish intelligence chief brokers rare Libya unity talks in Ankara
In a pivotal Ankara meeting, Turkish intelligence chief Ibrahim Kalin brought together Libya's rival parliamentary leaders for direct talks on unifying Libya's fractured institutions and advancing stalled elections, signaling a potential shift in the country's deadlocked political landscape.
Algeria reverses school reforms days before academic year begins
Algeria's government has abruptly scrapped sweeping school timetable and curriculum changes just weeks before the new term, forcing educators to revert to a two-decade-old system and exposing the presidency's direct grip over education policy.
Qatar steps into Libya power struggle with new mediation push
Qatar is intensifying its diplomatic engagement in Libya, meeting rival leaders in Tripoli and Benghazi to support a fragile UN-backed election plan. The move exposes deep institutional rifts and raises the stakes for regional influence in North Africa.
Algeria and Slovakia launch new phase of bilateral cooperation
Algeria and Slovakia have announced a new phase of joint cooperation, targeting expanded economic, political, and cultural ties. The move signals a calculated effort to deepen bilateral relations and unlock new opportunities for trade and investment.
Algeria faces fiscal strain as non-oil sectors struggle to offset energy losses
Algeria's push to diversify away from oil and gas is showing early momentum in industry and mining, yet the country's public finances remain exposed as energy revenues falter and the budget deficit widens beyond 10 percent of GDP.
Fabtech completes turnkey cleanroom for Algerian veterinary plant
Fabtech Technologies has delivered a full-scale cleanroom and MEP solution for an undisclosed veterinary manufacturing facility in Algeria, marking another strategic investment in the country's pharmaceutical infrastructure and regional supply chain.
Libya targets industrial revival through international business partnerships
Libya is moving to break its reliance on oil by leveraging international business partnerships that focus on industrial capacity, supply chains and skills transfer. Major projects in steel and infrastructure are setting a new precedent for economic diversification.
Turkey courts Haftar as Libya power balance shifts toward pragmatic deals
Turkey is now engaging directly with Khalifa Haftar after years of backing his rivals, seeking to entrench its interests in both eastern and western Libya as Washington pushes for a unified government. The move signals a new phase of competitive diplomacy and economic positioning.
Tunisia's offshore banks abandon local lending as profits and purpose fade
Tunisia's non-resident banks, once intended to channel foreign capital into the domestic economy, now account for just 3.5% of sector assets and are shifting their focus abroad, with declining profits and minimal impact on local financing.
UBCI accelerates asset and profit growth in Tunisia banking sector
UBCI has posted double-digit growth in assets, loans, and deposits for H1 2026, with net profit up nearly 10 percent. The bank's expansion signals renewed confidence in Tunisia's financial sector and its role in supporting economic activity.
Chinese Automotive Investment Transforms Morocco into Europe Facing Hub
Morocco is rapidly becoming the primary gateway for Chinese automakers and suppliers targeting Europe, with record investment in battery and component factories. This shift is redrawing the competitive map for the automotive industry across the Mediterranean.
India and Morocco launch joint defence committee to deepen military ties
India and Morocco have activated a new phase in their defence partnership with the first Joint Defence Committee meeting in New Delhi, targeting expanded cooperation in military training, cyber defence, and defence industry collaboration as the 70th anniversary of ties approaches.
India and Morocco move to joint defence projects after New Delhi summit
India and Morocco have advanced their defence partnership by launching their Joint Defence Committee in New Delhi, setting the stage for joint projects, technology sharing, and deeper military-industrial ties ahead of the 70th anniversary of diplomatic relations.
Morocco launches national AI strategy with bold economic targets
Morocco has moved from planning to implementation on its national AI strategy, targeting 100 billion dirhams in GDP value and 50,000 jobs by 2030, with a focus on digital sovereignty and homegrown innovation.
Algeria launches tender to connect 3000 remote areas to mobile networks
Algeria's telecom regulator has opened a national tender to extend mobile wireless coverage to 3000 underserved areas, aiming to close the digital gap and enable internet access for isolated communities long left behind by infrastructure investment.
Libya seeks Chinese partnership for reconstruction and technology investment
Libya is actively courting Chinese investment and technical know-how to drive its reconstruction and development agenda, with a focus on water resources and artificial intelligence. High-level talks in Tripoli signal a push for deeper bilateral cooperation and concrete project delivery.
Morocco's Left Alliance unveils $53 billion plan for sweeping social reforms
Morocco's Left Alliance has launched a $53 billion election program promising 431 measures, including a unified minimum wage and expanded social support, as rival parties escalate spending pledges ahead of the 2026 parliamentary elections.
SLB commits to deeper investment in Libya oil sector partnership
SLB has declared it will not scale back in Libya and instead plans to expand investment and operations to support the National Oil Corporation's production ambitions, as NOC leadership demands concrete long term commitments amid rising competition.
Ceuta leader demands EU action as migrant influx overwhelms city
Ceuta's president Juan Jesús Vivas has broken with Madrid and urged the EU to confront Morocco and fund urgent border security, warning that the Spanish exclave faces collapse after 80,000 migrants entered in a single day and over 150 died at sea.
UN Security Council backs Libya election deal as fragile trust tests progress
Libya's rival political blocs have struck a UN-brokered deal to overhaul the elections commission and set a two year deadline for national polls. The UN Security Council is urging rapid implementation but warns that public trust and women's participation remain at risk.
Guinea-Bissau targets Moroccan investment with economic promotion drive
Guinea-Bissau has launched a week-long economic promotion campaign in Morocco, aiming to attract Moroccan investment and forge new business partnerships across infrastructure, agriculture, energy, tourism, and finance. The initiative signals a strategic effort to reposition Guinea-Bissau as a credible partner for Moroccan capital and expertise.
India targets Algerian mining sector for strategic technology partnership
India is moving to deepen its economic footprint in Algeria by prioritising technology transfer and joint ventures in the mining sector, as Ambassador Swati Vijay Kulkarni calls for a concrete action plan to modernise Algeria's mineral value chain.
Tunisia Faces Rising Debt as Fitch Maintains B Minus Rating
Fitch Ratings has kept Tunisia's sovereign rating at B minus with a stable outlook, highlighting the country's ability to withstand external shocks but warning of persistent fiscal deficits and mounting government debt that far exceed regional peers.
Tunisian journalists rally as Mohamed Yousfi faces charges over critical reporting
The arrest of Mohamed Yousfi, editor of Al-Qatiba, has triggered protests in Tunis and drawn condemnation from rights groups, as journalists warn that fabricated charges are being used to silence critical reporting under President Kais Saied.
Greece and Denmark back Morocco autonomy plan for Western Sahara
Greece and Denmark have publicly endorsed Morocco's autonomy plan for Western Sahara, aligning with UN Resolution 2797 and the EU position. Their stance signals a shift in European consensus and opens new channels for economic cooperation with Rabat.
North Africa Bank to enable direct Alipay payments from Libya to China
Libya's North Africa Bank is set to launch a direct payment service to China via Alipay, allowing Libyan account holders to make mobile transactions for Chinese goods and services. The move signals a new phase in Libya's financial connectivity with Asia.
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