North Africa Post
North Africa Post's news desk is composed of journalists and editors, who are constantly working to provide new and accurate stories to NAP readers.
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Algeria’s fiscal model under strain, warns IMF

North Africa Post

Algeria’s economic foundations are showing serious cracks, including an unsustainable fiscal system, rigid economic structure, dependence on oil and mounting external vulnerabilities, the IMF warned in a new report. The budget deficit expanded to 13.9% of GDP in 2024, one of the highest in the region, the IMF said, noting that this sharp deterioration stems […]
Asia Business Emerging Markets Headlines International Morocco

EV Batteries: China’s Hailiang to build $288 Mln Copper Plant in Morocco

North Africa Post

Chinese company Zhejiang Hailiang has announced plans to invest $288 million in a Moroccan facility to produce copper foil for lithium batteries to power electric vehicles. According to press reports, citing the Company’s filing to the Shenzhen Stock Exchange, the new Moroccan base will enable the Chinese producer of copper tubes and rods to meet […]
Headlines Libya Maghreb

Libya: UN Security Council strengthens arms embargo amid ongoing Tripoli fighting

North Africa Post

The UN Security Council Monday extended for one year the existing arms embargo on Libya in a move welcomed by the UN Chief who asked all countries to implement the ban on the North African country, which has become a terrain of international influence. Members of the council unanimously voted in favor of the ban […]