North Africa Post
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Africa Business Emerging Markets Headlines International

Nigeria, South Africa ‘gray-listed’ by global anti-money laundering watchdog

North Africa Post

The inclusion of Nigeria and South Africa, the continent’s leading economies, on a ‘gray list’ by the Financial Action Task Force (FATF) could present far-reaching setbacks to the two countries’ economic growth. The warning by the Paris-based FATF, a global anti-money laundering and terrorism financing watchdog, comes in the midst of a difficult financial phase […]
Business Energy Europe Finance Headlines International Morocco

EU to invest €1.6 billion in Morocco as part of its Global Gateway strategy

North Africa Post

The European Union will invest €1.6 billion in Morocco to promote the green and digital transition. This investment is part of the new European strategy, called Global Gateway, launched last December. The European Union will invest €1.6 billion (more than 17 billion dirhams) in Morocco. The announcement was made this Wednesday, February 9, 2022, by […]
Business Headlines Morocco

Morocco among top five stars of hotel development in Africa

North Africa Post

Morocco is featured among the top stars of hotel development in Africa along with Egypt, Nigeria, and Ethiopia, according to the 11th annual survey by W Hospitality Group. The four countries head the top ten by numbers of rooms in the internationally-branded hotel development pipeline, with Egypt showing 15,158 rooms in 51 new hotels. According […]