North Africa Post
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Americas Business Emerging Markets Headlines International Maghreb

Algeria gets highest Trump tariff in North Africa

North Africa Post

Trump has imposed a 31% reciprocal trade tariff on Algeria, the highest levy in north Africa. Algeria, which charges a tariff to the US at 59%, was part of a long list of countries hit by import taxes, which Trump imposed via executive order. Tunisia was targeted with 28%, while it charges the US 55%. […]
Europe Headlines International Tunisia

Italy Dismantles Migrant Trafficking Network between Tunisia & Sicily with Terrorist Links

North Africa Post

Italian authorities busted a migrant trafficking network with links to radical groups operating between Italy and Tunisia. The criminal network was dismantled following the arrest of 13 suspects in a high-speed migrant trafficking ring operating between Tunisia and Sicily whose members espoused radical jihadist views. Police in Sicily said that a wiretapped conversation between two […]
Emerging Markets Finance Headlines Libya

Libya Issues Licenses to 91 New Foreign Exchanges Bureaux amid Dinar Slide and Cash Crisis

North Africa Post

The Central Bank of Libya (CBL) has granted final practice permits to 91 companies and foreign exchange bureaux, as the Libyan dinar fell to 8.17 against the US dollar on the black market, amid ongoing cash shortages. The decision was announced on Tuesday, December 9. The CBL said the latest licensing forms part of its […]