Latest Briefs - Page 4
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McKinsey Taps Yassir Zouaoui to Lead Morocco and Francophone Africa
Yassir Zouaoui is returning to Casablanca after about 20 years with McKinsey to lead its Morocco and Francophone Africa business. The office has around 120 consultants, and private-sector clients account for nearly 90% of the firm's business in Morocco.
Peru backs Morocco on Western Sahara and plans Dakhla consulate
Peru has endorsed Morocco's sovereignty claim over Western Sahara and its Autonomy Initiative, and plans to open a consulate in Dakhla. The proposed mission could also help connect Peruvian products with African markets.
Algeria Takes Seven Exploration Blocks to AEW 2026
ALNAFT will present seven onshore exploration blocks to investors at African Energy Week 2026 in Cape Town. Fifty-three companies had registered by September, but interest across the portfolio does not confirm that any will bid.
Tripoli forum sets Korea-Libya investment talks in motion
Libyan institutions and Korean companies are due to meet in Tripoli on September 27 and 28. The forum will pair bilateral meetings with talks on investment and joint projects.
Morocco's postcolonial challenge: trusting its own history
Morocco's past draws on Amazigh foundations and Arab-Islamic heritage. The challenge is to recover confidence in that layered identity while resisting new forms of external dependence.
Libya's Savings and Real Estate Bank explores housing partnership with China's Sichuan Huayuan
Libya's Savings and Real Estate Investment Bank is looking to team up with China's Sichuan Huayuan Construction Engineering Co. The Tripoli talks show Libya's push to bring in foreign expertise and investment for its cities.
Russian military build-up in Libya exposes new Mediterranean risk for Europe
Italy dismisses reports of an imminent Russian drone threat in the Mediterranean but faces a more concrete challenge as Russia deepens its military and logistical foothold in Libya, raising the stakes for European and NATO security on the southern front.
Algeria starts Annaba port expansion to boost phosphate exports
Algeria has started building the Annaba port mining terminal, the last piece in its national phosphate project. The move aims to speed up phosphate exports and connect mining, processing, and shipping across the country.
Libya cracks down on secret boat workshops behind migrant crossings
Libyan security forces have uncovered hidden workshops making boats for migrant crossings to Europe. Officers have seized vessels and burned parts to break up the supply chain behind the so-called 'boats of death.'
Mali backs Morocco's Sahara sovereignty in renewed diplomatic alignment
Mali has openly backed Morocco's claim to the Sahara, deepening ties between the two countries. Bamako's support for UN Security Council Resolution 2797 marks a clear stance in the regional dispute.
Türkiye pushes for unified Libyan government at UN meeting
Türkiye is stepping up its push for a unified government in Libya. Foreign Minister Hakan Fidan urged world leaders in New York to back an inclusive, Libyan-led political process.
Morocco launches Startup Catalytic Fund to drive digital sector investment
Morocco has set up a government-backed Startup Catalytic Fund, aiming to put MAD 347 million into venture capital managers and unlock up to MAD 2.5 billion for digital startups under its Digital Morocco 2030 plan.
Libya faces hard questions over Central Bank crisis management
A new book by Saddek Omar Elkaber and Michael G. Schaeffer is set to detail the Central Bank of Libya's crisis years. But the real test is in the numbers-currency value, money supply, and the cost of decisions that shaped daily life.
Libya opens doors for foreign companies with new approvals
Libya's Ministry of Economy and Trade has cleared 52 new approvals for foreign companies to start, renew, or change their operations. The move is meant to draw in global investment, bring in new technology, and build stronger economic ties.
Moroccan fresh produce pushes deeper into UK and European markets
Morocco is ramping up fresh produce exports to the UK and Europe. New shipping links, expanded water supplies, and bigger harvests from the Souss region are changing the face of regional trade.
Armed group shuts Libya's main oil pipeline, threatening exports
Libya's biggest oil field has slashed production after armed men closed a key pipeline valve. The move threatens crude exports and state income as oil prices surge. The National Oil Corporation warns it may declare force majeure if the shutdown drags on.
Libya considers French air compressor tech to boost water sector
Libya's Ministry of Water Resources is looking at French air compressor technology from MAC3 to modernize water well drilling and support technical work across the sector. Tripoli is turning to international expertise as it faces tough water infrastructure problems.
British arms broker gets 16 years for illegal missile and jet deals to embargoed states
A London court has sentenced British arms broker David Greenhalgh and his Greek partner Christos Farmakis to 16 years in prison for running illegal deals that sent missiles, fighter jets, and other weapons to embargoed countries like Libya and Sudan. The case lays bare how arms traffickers work around global controls.
Libyan monarchists gather in Misrata to push for a constitutional monarchy
More than 500 delegates from Libya's monarchist movement met in Misrata, hoping to build a political base and revive the 1951 constitution as a way to reach national elections and stability.
Validfor moves in on Egypt's digital health push with direct talks in Cairo
Validfor's top team sat down with Egypt's Associate Minister of Health, aiming to get in early on the country's digital health overhaul. The company is looking to land future deals and partnerships as Egypt's healthtech sector opens up.
Libya and Egypt sign deal to speed up power grid upgrades
Libya's Development and Reconstruction Fund and Egypt's Ministry of Electricity and Renewable Energy have agreed to work together on urgent grid upgrades and new renewable energy projects. The goal is to fix Libya's ongoing power outages and keep up with growing cities.
Egypt boosts healthcare funding with EGP 108 billion for 2026/27
Egypt will put EGP 108 billion into public healthcare for 2026/27, raising spending by 27% as the government puts health at the center of its national plans.
Morocco pushes new border project as Algeria tightens Mauritania ties
Morocco has rolled out a new border plan with Mauritania, hoping to regain lost ground as Algeria deepens its partnership with Nouakchott and Rabat's old alliance with Senegal falters.
Morocco's low election turnout shows growing gap between voters and politicians
Turnout in Morocco's 2026 legislative elections dropped to just 38 percent. The numbers reveal a deepening divide between ordinary people and the political class as inflation and joblessness eat away at trust in the system.
Libya sets sights on African halal trade with MIHAS 2026 debut
Libya's first showing at MIHAS 2026 in Kuala Lumpur marks a push to build trade with Malaysia and tap into its halal certification system, aiming to make Libya a key entry point for halal goods into Africa.
Tripoli opens new air navigation centre as airport revival nears
Libya's Ministry of Transport has opened a new Air Traffic Management Centre next to Tripoli International Airport. This marks a real step toward restoring international flights and modernising the country's aviation system.
Djezzy gets green light from central bank to launch digital payments in Algeria
Djezzy has secured initial approval from the Bank of Algeria to set up Djezzy Payment Services. This marks a big move for telecom-driven digital payments and signals rising competition in Algeria's changing financial sector.
Tunisia's economy at risk as water crisis threatens jobs and growth
Tunisia could lose 6.4% of its economy and nearly a third of farm jobs by 2050 if water shortages are not fixed, the World Bank warns. The call for urgent action puts the spotlight on investment and reform to protect jobs and growth.
Libya launches unified system to coordinate international support
Libya is moving to centralize and track all international support with a new electronic system and national database. The Central Bank governor has joined a high-level committee to ensure aid aligns with Libya's priorities and development plans.
Repsol stock rises as Libya oil cut tests investor nerves
Repsol shares jumped 2.45 percent to EUR 30.54, even after a sharp production cut at Libya's El Sharara field. Investors are weighing strong first-half profits against fresh supply risks in North Africa.
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