North Africa Post
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AU 31st Summit Marks Algeria’s African Demise

North Africa Post

Algeria’s voice is becoming increasingly inaudible in the African Union as it continues to be rebuked by international NGOs for its ill-treatment of Sub-Saharan migrants. The 31st summit, held in Nouakchott July 1-2, clearly shows that the Pan-African organization is breaking free of the Algiers-Pretoria pro-Polisario axis, which has been using the African Union for […]
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EBRD and IFC Join Efforts to Boost Start-ups in North Africa

North Africa Post

The European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) have launched lately a joint initiative to strengthen start-ups in North Africa. Commenting the joint move, EBRD Chief Operating Officer Jean-Marc Peterschmitt said: “we will adopt an integrated approach to increase our input and counter the challenges that early-stage tech start-ups […]
Business Finance Headlines Morocco

Coronavirus to weigh on Moroccan 2021 budget

North Africa Post

Finance Minister Mohamed Benchaaboun said the economic impact of the coronavirus will continue to reverberate in 2021 as the government faces prospects of a sharp drop in revenue and higher spending. Tax revenue is expected to fall by 25 billion dirhams while additional spending should be mobilized to fund social landmark projects such as the […]