North Africa Post
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IFC accords $150m loan to Olam to boost palm oil production in Gabon

North Africa Post

The World Bank’s private sector financing arm, International Finance Corporation (IFC), has provided a credit package of $150 to Olam Palm Gabon, the subsidiary of Singapore-based Olam International, to boost the company’s production of palm oil in the central African country. The loan, Gabon Review reports, will be used in the construction of a biodiesel […]
Business Emerging Markets Headlines International Morocco

Morocco, the new Eldorado for automakers

North Africa Post

Morocco has established itself as a major automotive manufacturing hub, with French newspaper “Le Dauphiné libéré” describing the North African country as “the new Eldorado” for automakers. The automotive sector has become a pillar of Morocco’s economy and its leading export industry. Renault leads French investment in Morocco, operating the world’s largest Renault factory in […]
Algeria Americas Columns Headlines International Maghreb Morocco

U.S. Think-Tank: Polisario Front, an Algerian proxy, vestige of Cold War, does not represent Sahrawis

North Africa Post

The Polisario Front is one of the last Cold War relics. Algeria founded the separatist group, and the Soviet Union and Cuba supported it, to use as a proxy against Morocco, said the Washington-based American Enterprise Institute (AEI) in a report. The Polisario Front’s existence today is an affront to human rights. Algeria embraces the […]