North Africa Post
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China’s investment in Tanzania soars, as trade relationship with Nigeria takes dip

North Africa Post

China’s investment in Tanzania has hit a record $1.8 billion since President Xi Jinping’s visit in the East African country 10 years ago, while bilateral trade between China and Nigeria has taken dip by about a third in 2022 compared to 2021. China’s direct investment stock in Tanzania is 2.5 times that of 2012, according […]
Europe Finance Headlines International Morocco

French Agency Extends Morocco €50 million Loan to improve Water Supply

North Africa Post

The French Development Agency (AFD) will extend the Moroccan Electricity and Drinking Water facility (ONEE) a €50 million loan to help it implement a program on the improvement of the performance and resilience of drinking water services in Morocco’s Northern provinces. Under the loan agreement, signed last week in Rabat, the ONEE will enlarge access […]
Business Columns Emerging Markets Europe Headlines International Maghreb Morocco

France takes economic steps as prelude to full recognition of Morocco’s sovereignty over Sahara

North Africa Post

France is gradually tilting towards an outright recognition of Morocco’s sovereignty over the Sahara territory where it said Paris is ready to back Morocco’s investments. The position to back Morocco’s economic projects in the Sahara was first expressed by French foreign minister Stephane Séjourné in February and reiterated this month by French minister in charge […]