Business Brief: Investors See Bright Future for Moroccan Hotel Sector; New Mining Leases Awarded; Challenges to Sustain Growth in Investments; Pharmaceutical Industries Plan to Strengthen Sector; and Artificial Intelligence and Renewable Energy Opening New Opportunities across Africa – Jean R. AbiNade

Jean R. AbiNader August 15, 2018 As tourism recovers and shows sustainable growth, investors are returning to the hotel industry sector. Four and five-star hotels, as well as a number of business traveler focused accommodations are planned in the coming three years. Local investors such as CDG, high net worth individuals, and family offices “Are also taking a greater interest in the country’s hotel industry, spurred on by the Government’s ...

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 Matters: UN Praises Morocco’s Migrant Policy; AU Seconds that Commendation; Tunisia Faces Infighting in Nidaa Tunis amid Discussions with IMF on Progress in Reforms – Jean R. AbiNader

Jean R. AbiNader June 18, 2018 Morocco shows leadership in addressing migrant issues, according to an UNCTAD report. It wrote that “The experience of Morocco features prominently…and provides insights for many countries to learn from,” in its flagship report on development in Africa, underscoring the benefits of migration in the continent and debunking myths surrounding the phenomenon. The report features 2017 data showing that migration in Africa is primarily intra-continental. ...

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 ...
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