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Maghreb Confidential /Archives

Archive n° 815 - 03/01/2008

Gaelle Arenson

ALGERIA

Editor in Chief

Algerie Telecom : The Last Prey in Africa

The privatisation of Algerie Telecom, which is being advised by Spain’s Santander bank, will be on top of the agenda in coming weeks unless the government makes a muddle of it, as was the case with the planned sell-off of Credit Populaire d’Algerie (CPA). (...) [336 words] [$4,7]

MOROCCO

Casablanca : Port Under Pressure

Hit by an increase in imports, the port of Casablanca, the biggest in Morocco, is unable to find ways of reducing the time it takes to handle goods (...)

algiers

Crucial Year for Bouteflika

Physically diminished by illness, Abdelaziz Bouteflika will have to do a lot of manoeuvring this year if he wants to get the FLN to agree to the principle of constitutional reforms, with a view to winning a third term in elections in 2009. (...) [163 words] [$1,5]

Law Firms Set Up Their Think-Tank

On the heels of French president Nicolas Sarkozy’s visit to Algeria, officials from the Lefevre Pelletier & Associes (LPA) law firm have come up with the idea of creating a Corporate Law Institute (Institut du Droit des Affaires). (...) [61 words] [$1,5]

rabat

Dirham Convertibility Not For Now

Measures introduced last year to ease regulations on foreign exchange operations won’t be followed in the immediate future by the full convertibility of the dirham. (...) [59 words] [$1,5]

ONE Plants Flag in Senegal

Business relations between Morocco and Senegal haven’t been unduly hit by current tension between Rabat and Dakar, which recalled their respective ambassadors after statements by representatives of Senegal’s Socialist Party during a recent congress of the Polisario Front. (...) [194 words] [$1,5]

New Push for Renault

While waiting for a strong car industry to take root in next-door Algeria (the French finance ministry is promoting a cooperation project involving a French group), Morocco is making the most of its head start in the matter. (...) [146 words] [$1,5]

tunis

Slap on Wrist for Banks

The governor of Tunisia’s Banque Centrale, Taoufik Baccar, has sent a warning to five Tunisian banks concerning the shoddy quality of the services they offer. (...) [110 words] [$1,5]

Tunisian Cards for Algerian Bank

Algeria’s Banque de Developpement Local (BDL) has contracted Societe Monetique de Tunisie (SMT) to manage its bank card services. (...) [61 words] [$1,5]

ECONOMICS/BUSINESS


	LIBYA
	Ernst & Young
	Ernst & Young, the international accountancy group, is to open an office in Tripoli. (...) [14 words] [FREE]


	ALGERIA
	ASEC
	ASEC (Egypt) has acquired a stake in the state-owned Algerian cement works Erco located at Zahana near Mascara. (...) [17 words] [FREE]


	LIBYA
	Doosan Heavy Industries
	Doosan Heavy Industries (South Korea) has won a USD 260 million contract from the General Electricity Company of Libya to supply boilers. (...) [21 words] [FREE]


	MOROCCO
	USTDA
	USTDA, the American agency, is to finance a feasibility study on installing a national weather radar system for Morocco’s Direction de la Meteorologie Nationale. (...) [45 words] [FREE]


	ALGERIA
	Energoinvest
	Energoinvest, a Bosnian engineering group, has landed a new, USD 52 million contract in Libya to build high voltage lines and a sub-station. (...) [44 words] [FREE]


	MOROCCO
	Microdata
	Microdata (Morocco), an information systems operator that represents Dell, HP, Compaq, IBM, Epson, Cisco, Microsoft and Symantec in Morocco, has floated 30% of its equity on the Casablanca stock exchange. (...) [29 words] [FREE]


	MOROCCO
	Banyan Tree
	Banyan Tree (Singapore) has opened its five luxury residences in Marrakech under the Angsana brand name. (...) [28 words] [FREE]


	MOROCCO
	Bateman Litwin
	Bateman Litwin, a French-South African engineering concern, has won a USD 120 million contract from Horizon Tangiers Terminals to build a new storage terminal in Tangiers port. (...) [28 words] [FREE]


	MOROCCO
	Mixta Africa
	Mixta Africa (Spain) plans to build a 200-unit residential complex in Morocco between the municipalities of Martil and Cabo Negro at a cost of DM 170 million. (...) [28 words] [FREE]

WHO'S WHO


	LIBYA
	Mahmud Jibril
	According to our sources, the chairman of Libya’s economic planning council, Mahmud Jibril, could replace prime minister Baghdadi Mahmudi at the annual session of the Peoples General Congress to be held in Sirte on Jan. (...) [110 words] [$1,5]


	FRANCE/LIBYA
	Mussa Kossa
	On a visit to France, Mussa Kossa, head of Libya’s foreign intelligence service, has filed a suit against the weekly publication Jeune Afrique and appointed William Bourdon as his lawyer. (...) [120 words] [$1,5]


	RUSSIA/LIBYA
	Sergei Lavrov
	France’s nuclear ambitions in Libya, a key element in president Nicolas Sarkozy’s project for a Mediterranean Union, could well be countered by the Russians. (...) [113 words] [$1,5]