North Africa Post
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Morocco to host 6th Arab-Russian Cooperation forum

North Africa Post

The Arab-Russian Cooperation Forum decided to hold its sixth session in Morocco. The final communique issued Tuesday at the end of the Forum stated that the participants in the forum agreed to hold next year’s edition in Morocco. The choice of Morocco underlines the kingdom’s increasing presence at the international front with its non-interference policy […]
Algeria Business Europe Headlines International

German Bertelsmann, Morocco’s Saham Merge Customer Service Business

North Africa Post

German media and publishing group Bertelsmann has merged its customer service business with Morocco’s Saham, creating a new market leader in Europe, Africa and the Middle East. Each will hold 50% of the new company branded as Arvato, which operates in 25 countries with 48,000 employees on its payroll offering services across the market for […]
Africa Business Finance International

Sub-Saharan Africa to fall into recession in 2020—World Bank

North Africa Post

The World Bank has warned that the rapidlyspreading coronavirus outbreak is expected to push sub-Saharan Africa into recession in 2020 for the first time in 25 years. The International lender’s Africa’s Pulse report released on Tuesday said the region’s economy will contract 2.1% to 5.1% from growth of 2.4% last year, and that the coronavirus […]