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Africa Europe Finance Headlines International Maghreb Tunisia

Belgium converts part of Tunisia’s debt into development projects

North Africa Post

An agreement to convert some of Tunisia’s debt to Belgium into development projects was signed Wednesday in Tunis, the Foreign Ministry said in a statement. The agreement, signed by Director General for Europe, Nabil Ammar, and Belgium’s ambassador to Tunisia, Michel Tilemans, provides for converting more than €2.991 million ($3.33) of Tunisia’s debt to Belgium […]
Africa Headlines International

Paris Club creditors cancel $1.4Bln of Somalia’s debt

North Africa Post

The Paris Club of creditor countries have agreed to restructure Somalia’s external public debt with an immediate cancellation of $1.4 billion. The decision cancels 67% of the debts owed to Paris Club by Somalia. Several of Somalia’s Paris Club creditors, including the United States, the UK and Norway, as well as the World Bank and […]
Emerging Markets Europe Headlines International Lifestyle Morocco

88% of Moroccan professional football players are based in Europe

North Africa Post

A new study showed that Morocco has 689 football players in different championships abroad, 88% of them in Europe. The study, conducted by the Moroccan football federation, FRMF, and the council for the Moroccan community abroad, CCME, was unveiled at a ceremony attended by national squad coach Walid Regrarui, and players of the national team. […]