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Morocco’s Bank of Africa reports $260 mln profit in 2023

North Africa Post

Morocco’s Bank of Africa said its 2023 profit increased 16% to 260 million dollars last year, with a net banking income of 1.7 billion dollars, up 9%.   African branches contributed by 56% in this performance while Moroccan business accounted for 42% of total earnings, the bank said.   Bank of Africa, previously known as […]
Business Finance

Tunisia: seeking western funds to attract investors

North Africa Post

The country is going through a transition period but its financial limitations has forced the Prime Minister to call for more financial support “before it’s too late” because those that pledged to help have not lived up to expectations. Prime Minister Hamadi Jebali called on the West to come to the country’s aid as he […]
Africa International

Côte d’Ivoire: Don’t need a third term, President Ouattara

North Africa Post

The Ivorian President Alassane Ouattara smashed again requests by supporters who want him to change the constitution to be able to stand for another third term in office. “Ellen Johnson Sirleaf and I concerted each other and we said no, we don’t need that,” President Alassane Ouattara said in the presence of the Liberian President. […]