North Africa Post
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Africa Business Emerging Markets Headlines International

Africa’s 2023 economic outlook: Global headwinds to continue battering the continent

North Africa Post

In 2023, some of Africa’s major economies are expected to suffer from the ongoing impacts of the Russia-Ukraine war, runaway food price inflation and the tailwinds of the Covid-19 pandemic that caused enormous economic disruption, but experts say that although these negative factors are likely to spill over into this new year, Kenya and Senegal […]
Africa Finance Headlines International

IMF secures $330m debt relief for Somalia

North Africa Post

The International Monetary Fund (IMF) says it has secured more than $330m in debt relief for Somalia. The African nation has about $5 billion in external debt, accounting for about 100% of its GDP, which the Fund has declared to be unsustainable. The $330m brings the country a crucial step closer to receiving forgiveness for […]
Algeria Europe Headlines International Morocco

Spanish State involved at highest level in admitting Polisario leader, El Pais says

North Africa Post

El Pais, one of Spain’s most popular newspapers, confirmed that the admission of Polisario leader in Spain was a decision taken at the highest state level. El Pais confirmed the conclusion of Morocco’s foreign ministry that letting Ghali into Spain under a made-up identity and an Algerian passport was a “premeditated act.” Ghali flew to […]