By Ihsane El Kadi, Algiers
Thursday, 04 December 2008
Apart from the decline in oil prices, it is the only sign of the global economic meltdown's impact in Algeria – at least for the time being. The world's leader in steel is reviewing its plans for the North African country.
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By Walid Kéfi, Tunis
Friday, 28 November 2008
Tunisia’s leading private bank is intensifying its search for new outlets to international expansion.
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By Aliou Diongue, Dakar
Monday, 24 November 2008
The world leader in natural gas, the Russian
company Gazprom, just signed a cooperation agreement in the area of
natural gas and energy with the third African oil producer, Equatorial
Guinea.
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By Mostafa Belkhayate, Marrakech
Friday, 21 November 2008
Those who manipulate the price of gold are privy to information beyond the reach of the public. For decades now, this kind of tampering has enabled them to get rich quickly while keeping the price from climbing.
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Interview by Chérif Elvalide Sèye
Thursday, 20 November 2008
Jean-Michel Severino, Director General of the
French Agency for Development comments on the results of the aid
perception barometer.
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By Chérif Elvalide Sèye, Dakar
Monday, 20 October 2008
France is in a tight spot. It covets Angola’s
immense wealth but its justice system continues to act against the
nation’s best interests.
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By Ihsane El Kadi, Algiers
Friday, 17 October 2008
Will the current recession that led to recent stock market slumps revamp the global political map?
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By Amadou Fall, Dakar
Thursday, 16 October 2008
Denied the right to intervene by the World Bank
and the IMF, the West African Economic and Monetary Union countries
(UEMOA) had to resign themselves to watching a quarter of their banks
go bankrupt. Facing the risks associated with Western banks today, the
IMF now encourages State intervention.
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By Adama Wade, Casablanca
Wednesday, 15 October 2008
Scheduled for October 6, the African Union’s
ultimatum evaporated high above Nouakchott’s grey sky like a winter
rain in the desert.
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By Samy Injar, Algiers
Monday, 29 September 2008
President Bouteflika expressed his opposition
to creating a sovereign fund “at the present time.” Strangely though,
never before has the Algerian financial sector been so in need of a
public investment fund.
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Interview conducted by Bénédicte Châtel, Paris
Saturday, 27 September 2008
In a study published on September 9 by Standard & Poor’s, the
credit analyst Mohamed Damak talks about the growth of Islamic
financial bonds or sukuks, and the increasing interest Africa is
showing in them.
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By Ihsane El Kadi, Algiers
Wednesday, 24 September 2008
Riyadh did not appreciate the attempt made in
Vienna to forcefully reduce oil prices. Addressing surplus earnings
from oil is first and foremost the responsibility of OPEC – no one
else. Nevertheless, pending OPEC’s meeting in Oran this December, oil
prices will remain below the $100 marker.
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By Sana Harb, Algiers
Thursday, 18 September 2008
Five billion dollars over 25 years is not too much compensation for a
brutal occupation but the precedent has been set: Italy not only
officially apologised, but paid damages to Libya.
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By Nadia Hachelef, Algiers
Tuesday, 09 September 2008
The question on everyone’s lips this summer in Algiers is a simple one:
“Is Algeria changing its tune about investment?” A series of measures
to “frame” foreign transactions have united talk with action.
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By Ihsane El Kadi, Algiers
Friday, 05 September 2008
The criteria for entering Algerian mining are
changing. As of now, one must propose to Sonatrach an international
partnership – preferably in Africa and in natural gas deposits.
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By Amadou Fall, Dakar
Wednesday, 03 September 2008
In West Africa, French banks are beginning to slip from the coveted
pedestal they have held due to the aggressive approach of Moroccan and
Nigerian banks. Their participation fell from 80% to 33% between 1990
and 2000.
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By Mohamed B. Fall, Casablanca
Friday, 29 August 2008
By 2010, the minimum capital threshold in the
West African Economic and Monetary Union (UEMOA) will be over 10
billion FCFA. The reform that has led to this trend might not provide
the development that Nigeria has experienced.
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By Mohamed B Fall,
Nouakchott
Friday, 08 August 2008
With yet another coup d'état staged in August 2008 to preserve the gains of the one carried out in August 2005, Mauritania is building its democracy coup by coup.
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 Thursday, 31 July 2008
On 15th July 2008, at 5 bis rue du Cirque, the street adjacent to
Elysée Palace and just a skip and a hop from the Champs Elysées, FBN
Bank Ltd. officially opened its Paris branch. The leading Nigerian bank
in terms of capital continues to conquer Africa and the world at large.
During the inauguration held in the bank’s spacious offices, Peter S.
Hinson, managing director of FBN Bank in London, Christiana
Etukudo-Fashogbon, executive director of Business Development and
Frédéric Le Bourgeois, the new managing director of the Paris branch,
explained the strategy behind the group’s opening of this new branch.
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By Adama Wade, Casablanca
Wednesday, 30 July 2008
Their investment has been marginal in comparison to the top three
industry leaders in Morocco. They have also been sluggish in real
estate and the MRE niche market. Are French bank subsidiaries sitting
idly by the wayside?
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