Emphasis focuses on asset valorization and resource development before progressively opening company capital to the private sector while maintaining the state as principal investor. The reform follows creation of the National Agency for Strategic Management of State Participations (ANGSPE) and performance monitoring of public establishments and enterprises. Under the new law, ONHYM transitions from public establishment status to joint-stock company structure. Opposition groups considered ONHYM’s transformation a reform tool rather than an end itself, aimed at improving performance and opening capital to the private sector while preserving state strategic sovereignty. The transformation strengthens governance and increases efficiency for ONHYM, positioned to become an economic growth lever, parliamentarians concluded.

Source: The North Africa Journal February 05, 2026 16:08 UTC