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Morocco Wants a New Trade Deal with Turkey before January 30

North Africa Post

Morocco’s trade minister Moulay Hafid Elalamy said that the Kingdom and Turkey have started negotiations to review some provisions to make their Free Trade Agreement more balanced. He said Morocco loses 2 billion dollars annually in trade with Turkey, adding that the two parties have agreed to reconsider the agreement in order to make it […]
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British Government confirms legality of commercial activities in the Moroccan Sahara

North Africa Post

The British government has deemed any commercial activity in the Moroccan Sahara “legal,” thus thwarting the aims of Polisario supporters in the House of Commons, the UK parliament. Responding to a written question from Labor MP Lloyd Russell-Moyle about the possibility of “creating a United Nations Council for the natural resources of Western Sahara,” David […]
Africa Americas Finance Headlines International

Historic debt relief agreement marks new chapter in US-Somalia relations

North Africa Post

Somalia has achieved a significant financial breakthrough with the United States agreeing to cancel more than $1.1 billion in outstanding loans, representing approximately one-quarter of the nation’s remaining debt burden. This historic agreement marks a crucial step in Somalia’s economic recovery from decades of financial isolation. The debt, largely accumulated during the military dictatorship that […]