North Africa Post
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Africa Finance International

Kenyan, Nigerian currencies tumble to new record lows against US dollar

North Africa Post

Kenyan and Nigerian currencies have both hit all-time lows in the past few days, worsening the economic situation in the two heavily indebted African countries plagued by high inflation and ongoing dollar shortages. Kenyan currency hit all-time low of 150 shillings to the US dollar on Monday (23 October), while the Nigerian naira has faced […]
Africa Business Headlines International Morocco

African Union: High-level Meeting of Committee of Fifteen Ministers of Finance Kicks off in Rabat

North Africa Post

The high-level meeting of the Committee of Fifteen Ministers of Finance of the African Union (F15) opened Monday in Rabat on the theme “Beyond COVID-19 pandemic and Russia-Ukraine Conflict: Enhancing the Resilience of African Economies and Financial Sustainability of the African Union”. The participants in this event, co-organized by the ministry of Economy and Finance […]
Columns Europe Headlines International Morocco

Spanish far-left abandons Polisario after deal with socialists

North Africa Post

Spanish socialist PSOE sealed a deal with the far-left Sumar coalition to end the political limbo in the country in a breakthrough agreement that includes abandoning support for the Polisario separatists. Under the outgoing government led by Prime Minister Pedro Sánchez, Spain has backed Morocco’s autonomy plan in the Sahara territory as the “sole” political […]