North Africa Post
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Africa Business Energy Headlines International Maghreb Mauritania Morocco

Morocco-Nigeria Gas Pipeline Project: Islamic Bank co-funds front-end engineering design study

North Africa Post

The Islamic Development Bank (IsDB) has agreed to fund 50 pc of the Front-End Engineering Design (FEED) Study for the Nigeria-Morocco Gas Pipeline project expected to enhance African integration, regional trade, and economic cooperation. The funding agreement was signed remotely on Monday by IsDB Vice President Mansur Muhtar, Moroccan Economy & Finance minister Nadia Fettah, […]
Business Egypt Headlines

Moody’s downgrades Egypt’s rating to ‘B3’

North Africa Post

Moody’s Investors Service cuts Egypt’s sovereign rating by one notch to B3 from B2, saying that it does not expect the country’s liquidity and external positions to rebound quickly. The change comes as the Arab country has continued to face a foreign currency shortage despite allowing the Egyptian pound to depreciate sharply in recent months. […]
Algeria Americas Columns Headlines International Maghreb Morocco

Sahara: What Works Best for Algerian Regime, the U.S. carrot or the stick?

North Africa Post

The United States has recognized the Sahara as an integral and indivisible part of Morocco in 2020. America has also supported the Autonomy plan offered for the territory under Moroccan sovereignty as the only feasible solution to the Sahara conflict. But the Algerian military regime, which has been arming, sheltering and funding the separatist Polisario […]