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Africa Columns Headlines International Morocco Opinions

Morocco’s Membership in Peace & Security Council boosts Peace, Stability in Africa

North Africa Post

Morocco’s membership in the African Union’s Peace and Security Council will help the kingdom assert its leadership in promoting peace and stability in the continent, said Foreign Minister Nasser Bourita. Morocco has a vision for peace in Africa and will act on all issues relating to stability in the continent, said Bourita in an interview […]
Algeria Emerging Markets Finance Headlines

Algeria’s budget revenues plunge, raising alarms over fiscal sustainability

North Africa Post

Algeria’s public finances are under mounting pressure after a dramatic drop in budget revenues in 2024, driven by falling hydrocarbon income and sluggish non-oil tax collection, according to the Bank of Algeria’s. Total budget revenues fell by 22.66% year-on-year, with hydrocarbon revenues plunging by 31.13% and non-hydrocarbon revenues declining by 13.50%, the Bank said in […]
Business Emerging Markets Headlines Morocco

Drought continues to weight on Morocco’s job market

North Africa Post

Drought continues to slash jobs in rural areas leading to the surge of the unemployment rate to 13.3% in 2024, compared with 13% in 2023, the statistics agency HCP said. The number of unemployed people in Morocco reached 1.638 million people last year, ringing the alarm bell for the government. The unemployment rate was notably […]