Maghreb News Notes: Why the AMU Vision is on Life Support; How the EU is Helping Morocco Build its Economy – Jean R. AbiNader

Jean R. AbiNader July 19, 2018 In a stunning and thoughtful article, Anouar Boukhars writes frankly about the demise of even the vision of the Maghreb Arab Union (AMU), its obituary announced both continent-wide at the African Union and at an international conference with the EU by no less than King Mohammed VI of Morocco. Despite a rejoinder from the Algerian Foreign Minister supporting the vision of the AMU, Boukhars ...

Business Brief: Morocco Offers Incentives to New Industries; Pushes to Become the Leading Business Gateway in Africa; Rates Comparatively Well in Terms of Global Innovation; Mobile Banking Coming in September – Jean R. AbiNader

Jean R. AbiNader July 17, 2018 To encourage greater industrial investment in the country, the Ministry of Finance and Economy has announced a new five-year corporate tax exemption for new industrial investments. According to a Reuters story, subsequently reported in a number of outlets, the incentive will apply to companies created since the publication of the June 2017 budget. Among the 24 sectors targeted for the tax break are automotive, ...

Maghreb Business Notes: Algeria Show Progress in Auto and Energy Sectors Despite Decrease in FDI; Morocco-Nigeria Summit Moves Ahead with Gas Pipeline and Other Projects; Gas Pipeline and Processing Facility Planned for Inland Morocco Field – Jean R. AbiNader

Jean R. AbiNader June 14, 2018 Good news for Algeria’s auto manufacturing sector according to the latest assessment by the Oxford Business Group (OBG), which also noted progress in the country’s energy sector. Following the government’s upgrading of its investment incentives for the automobile sector and regulations limiting vehicle imports, several companies announced new investments. SEAT, part of the Volkswagen Group, will ramp up production at its assembly plant in ...

Business Brief: BCG head sees bright economic future in Africa; Regional integration challenges continent’s leadership to overcome obstacles; and Morocco bank wants to make its mark in West Africa – Jean R. AbiNader

Jean R. AbiNader May 21, 2018 In an interview with La Tribune Afrique, Patrick Dupoux, senior partner & managing director at the Boston Consulting Group (BCG), explained why his company believes in the economic emergence of Africa. We first met Patrick when he was advising AMDI, the Moroccan Agency for Investment Development, on its industrialization strategy. BCG was responsible for many of the contacts made by Morocco with automobile and ...

King of Morocco Continues Environmental Leadership in Africa on visit to Congo – Jean R. AbiNader

Jean R. AbiNader May 4, 2018 Last weekend, King Mohammed VI of Morocco followed up on an initiative launched by Morocco on the sidelines of the COP 22 Paris conference on the environment. He visited Brazzaville in the Republic of Congo as a “special guest” to take part in the first Summit of Heads of State and Government of the Climate Commission and the Blue Fund for the Congo Basin. ...
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