HP to Expand in Libyan Market
On November 4th, 2009, US tech giant HP announced its plan to establish new sales and support subsidiaries in Angola and Libya by 2010. By doing so, HP will increase its footprint across Africa to nine...
View ArticleHSBC in North Africa: Going Where the Money Is
In summer 2008, London-based HSBC, one of the world’s largest banking and financial services institutions decided to add Algeria to its list of emerging markets operations. Libya is likely next in...
View ArticleSetback for a Pan-Maghreb TV Channel: Nessma TV Likely to Fold
The owners of Nessma TV are facing the nightmare scenario, challenging their belief that North Africa’s Maghreb region needed a common broadcast platform. Largely owned by Tunisian businessman Tarek...
View ArticleBusiness as Usual for Corporate Morocco
There is noticeable decrease in tourism activity across North Africa and Morocco is witnessing a small impact there. Yet, for the broad economy, the Arab revolutions have not fully afftected Morocco....
View ArticleOrascom vs. Algeria
[The North Africa Journal] In a lingering conflict that underscores lack of transparency and weak business rules, the case of Orascom Telecom Algerie (OTA), which has raised a great deal of concerns in...
View ArticleAl Baraka Banking Group Maintains Aggressive Growth Strategy in North Africa...
The year 2010 was not bad at all for Al Baraka Banking Group (ABG). Involved in international Islamic banking, the company is a Bahrain Joint Stock Company listed on Bahrain Bourse and NASDAQ Dubai. It...
View ArticleAlgeria to Nationalize Orascom Algeria’s Mobile Phone Unit
The North Africa Journal | The Algerian government is slated to take over a majority stake in the mobile phone operator Djezzy. Previously owned by the Egyptian Orascom, then sold to Russia’s...
View ArticleSNC-Lavalin: Collateral Damage of Dealing with Dictatorships
The North Africa Journal | Damage control and reputational risk are two things the Canadian engineering giant SNC-Lavalin is currently experiencing firsthand. As the company celebrates one hundred...
View ArticleENI-Saipem Hit by Corruption Scandal on Algeria Business
The North Africa Journal | Italian oil and gas industry contractor Saipem is embroiled in a corruption scandal in its Algeria operation that forced the resignation of its veteran CEO Pietro Franco...
View ArticleArcelorMittal Site in Algeria Headed Toward Nationalization
The North Africa Journal | Steel giant ArcelorMittal may be given a lifeline and a gift of sort by the Algerian government. The company is reported to be wanting the Algerian government to acquire an...
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