Weekly summary report : North Africa

Power Brokers and their Connections

Published this week in the NORTH AFRICA section  TUNISIA _ _  14/05/2021 _ _   No solution for budget crisis as Mechichi is cold-shouldered by IMF and Ghannouchi by Doha   Having failed to present a structural reform plan to the International Monetary Fund, Prime Minister Hichem Mechichi is unlikely to get any new budgetary aid in the short term. Parliamentary speaker Rached Ghannouchi, meanwhile, has been unable to obtain support from his allies in Qatar.  [...]      RUNNING STORY _ _  MOROCCO _ _  13/05/2021 _ _   Crisis? What crisis? Al Mada rides Covid storm to record profits   Later this month the royal holding company will present glowing 2020 figures at a shareholders' annual general meeting, with unprecedented net profits and generous dividends.  [...]      LIBYA _ _  12/05/2021 _ _   Foreign Minister Mangoush under fire from Ankara and Muslim Brotherhood   After talks with Egypt broke down, Turkey is hardening its position and refuses to pull its troops out of Eastern Libya as requested by Foreign Minister Najla Al Mangoush, who is under attack from Muslim Brotherhood associates.  [...]      TUNISIA _ _  12/05/2021 _ _   KfW wonders if regional banking project will ever see the light of day   The German development bank has invested several million euros in a new regional banking structure since 2013. Eight years later, it is nowhere close to becoming a reality.  [...]      ALGERIA _ _  11/05/2021 _ _   Bourouag brothers, the architect and the MP, snap up first hospital contract   Groupe Bourouag Construction has been picked to finish a hospital build near Constantine that had been started by a Canadian firm then put on ice for ten years, further growing the company's presence in the health sector.  [...]      LIBYA _ _  10/05/2021 _ _   Brussels and Ankara tussle over Libyan coastguard   The European Union wants to strengthen its training of the Libyan coastguard, which has been somewhat neglected in recent years, and to stop Turkey using its links with Tripoli to increase migratory pressure on the continent's doorstep.  [...]      ALGERIA _ _  14/05/2021 _ _   Low-profile Elbayrak Construction enters the big time      LIBYA _ _  14/05/2021 _ _   Macron leaves al-Manfi and Libya off guest list for Parisian summits      TUNISIA _ _  10/05/2021 _ _   Iveco and BNP Paribas keep army trucking along OIL & GAS  AFRICA _ _  12/05/2021 _ _   Total's renewable energy drive overlooks Africa entirely   Though one-fifth of Total's hydrocarbon production comes from Sub-Saharan Africa, it has almost no plans for investing in non-fossil fuels there.  [...]      RUNNING STORY _ _  MOZAMBIQUE _ _  FRANCE _ _  11/05/2021 _ _   Consortium hired to dismantle Total's LNG project   TechnipFMC, the French major subcontractor on its vast gas project that is now in limbo, have hired a group of firms to take down and remove the infrastructure still in Palma.  [...]      AFRICA _ _  10/05/2021 _ _   Morose aviation sector takes toll on distributors Vivo Energy and Total   The drastic reduction in air and sea trade caused by the Covid-19 pandemic has had a huge impact on the distributors of fuel for aircraft and boats.  [...] Discover our subscription offers

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