Maghreb news 2014-04-08

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Terrorism | 2014-04-08
Is Derna becoming an Islamist emirate?
With jihadists now in control of one Libyan city, fears are growing about a potential Islamist state on the shores of the Mediterranean. (more…)

UPDATE 1-Morocco sees 2014 borrowing needs at 2.5 bln euros

Reuters

TUNIS, April 8 (Reuters) – Moroccan Finance Minister Mohamed Boussaid said on Tuesday Morocco’s external borrowing needs this year will reach 2.5 billion euros to plug the deficit estimated at 4.9 pct of the gross domestic product (GDP).

It is not clear, however, when the government will issue foreign bonds, the minister added on the margin of the Arab finance ministers meeting in Tunis. Last year Boussaid said Morocco may raise 1 billion euros in international bonds issue at the start of 2014. (more…)

AMERICAN PROXY WARS IN AFRICA – OPED

OPINION
AFRICOM
By Nick Turse
Lion Forward Teams? Echo Casemate? Juniper Micron?

You could be forgiven if this jumble of words looks like nonsense to you. It isn’t. It’s the language of the U.S. military’s simmering African interventions; the patois that goes with a set of missions carried out in countries most Americans couldn’t locate on a map; the argot of conflicts now primarily fought by proxies and a former colonial power on a continent that the U.S. military views as a hotbed of instability and that hawkish pundits increasingly see as a growth area for future armed interventions. (more…)

Morocco targets investments from UAE

By Zaher Bitar, Senior Reporter

Dubai: The Moroccan government will invest $10 billion (Dh36.7 billion) in development projects in the city of Tangier and is looking to target investments from the UAE for these projects, according to Saida Al Matalsi, deputy mayor of Tangier.
“The city of Tangier is living under the rhythm of construction and enjoying structured and world-class infrastructure. It hosts major international investments projects,” she said on Thursday, the closing day of the Annual Investment Meeting 2014 (AIM) in Dubai. (more…)

A Centimillionaire’s Plan: Moulay Elalamy Charts New Industrial Path For Morocco

FORBES
Mfonobong Nsehe, Contributor
I chronicle Africa’s success stories and track its richest people FULL BIO

Last Wednesday, at a glamorous ceremony chaired by his Majesty King Mohammed VI and attended by several of Morocco’s most successful businessmen, cabinet ministers, diplomats and technocrats, Moulay Hafid Elalamy, Morocco’s Minister of Trade and Industry, presented the most ambitious industrial plan ever proposed in Morocco. (more…)

Morocco: Rabat Hosts Global Counter-Terrorism Forum Event

Rabat
The Global Counter-Terrorism Forum (GCTF) co-ordinating committee wrapped up a two-day conference in Rabat on Thursday (April 3rd).

Government officials from the Maghreb, Europe and the Americas agreed that they needed to work together to fight the common threat. (more…)

Morocco asks Spain for funds to help with on-the-spot deportations of migrants

El Pais

Rabat hails improved bilateral cooperation and says it is doing all it can


Moroccan police and auxiliary forces hold back a group of sub-Saharans near Melilla. /BLASCO DE AVELLANEDA (AFP)

Morocco is asking Spain and the European Union for more money to fight illegal immigration along its borders with the Spanish exclaves of Ceuta and Melilla.

Maghreb news 2014-04-07

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Terrorism | 2014-04-07
Moroccan jihadist leader dies in Syria
Scores of young Moroccans followed their emir to Syria for jihad. Late last week, dozens of them found death on a Latakia hill. (more…)

The Future of Tunisia (and the Arab Spring)

Riddhi Dasgupta, JD candidate, Berkeley Law

Riddhi Dasgupta
The President’s pledge of $500 million to Tunisia has been a subject of some discussion. Surely, this monetary pledge was a show of support and encouragement to the fresh face of Tunisia. (more…)

MIDEAST MONEY-Morocco hopes regulation will aid second Islamic finance drive

Reuters

 

By Bernardo Vizcaino and Aziz El Yaakoubi

RABAT, April 7 (Reuters) – Morocco is set to give Islamic finance a second try, counting on closer regulation and a clearer legislative framework to resolve problems which plagued its first attempt.

Banks in the country began introducing a range of Islamic finance products in 2007, calling them “alternative finance”, but they drew little response from the majority Muslim population. (more…)

Morocco’s unions unite to protest gov’t austerity

Kfvs12.com

Image

By SMAIL BELLAOUALLI Associated Press CASABLANCA, Morocco (AP) – Thousands of workers, teachers and civil servants marched through downtown Casablanca on Sunday to protest austerity plans put in place by the Moroccan government to control runaway spending. (more…)

Mali tribal chief calls for peace on homecoming

Yahoo News

A man holds the flag of the National Movement for the Liberation of Azawad (MLNA) during a demonstration in support of the MLNA on July 28, 2013 in Kidal, northern Mali

A man holds the flag of the National Movement for the Liberation of Azawad (MLNA) …

Bamako (AFP) – An influential Mali tribal chief returned to his homeland on Saturday after two months in hospital in Morocco, calling for a decisive resolution to the deeply-divided west African nation’s fragile peace process. (more…)

THE ALGERIAN PRESIDENTIAL ELECTIONS: THE BURLESQUE, THE TRAGICOMIC AND THE FARCICAL – OPED

Algeria’s People’s National Assembly

By 

By Hamza Hamouchene

Algeria’s next presidential elections will be held on 17 April 2014 and for the last few months; this important electoral rendezvous showed all the hallmarks of a masquerade, consistent with almost all the elections in the history of the Algerian state since independence in 1962. (more…)

Morocco, US reaffirm commitment to strategic partnership

RABAT, April 4 (KUNA) — Morocco and the US reaffirmed on Friday commitment to the document on strategic partnership signed during King Mohammad VI to Washington in last November (more…)

Kerry hails Morocco reforms, security efforts

CASABLANCA: Secretary of State John Kerry on Friday pledged US support for Moroccan reforms and efforts to promote regional stability, while highlighting social challenges faced by Rabat.

“Morocco is playing an important leadership role, and the United States will stand by this relationship every step of the way,” he said at the end of a North African tour. (more…)

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