North Africa Post
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Africa Egypt Headlines International

Egypt irked by Ethiopia’s announcement of 100 new dams’ construction

North Africa Post

Egyptian officials and media have reacted angrily after Ethiopia announced Sunday it will build next year more than 100 dams aside the current disputed Nile River hydro dam, Anadolu news agency reports. Ethiopian Premier Abiy Ahmed Sunday indicated that his country will build during the next fiscal year at least 100 medium and small dams […]
Emerging Markets Energy Finance Headlines Libya

Arab Monetary Fund projects 14.3% growth for Libya in 2025 and 5.9% In 2026

North Africa Post

The Arab Monetary Fund has forecast Libya’s economy to expand by 14.3% in 2025, before moderating to 5.9% the following year, contingent on improved domestic stability and stronger investor confidence. In its latest Arab Economic Outlook report released this week, the Fund attributed the robust growth outlook to the hydrocarbons sector, which provides over 95% […]
Algeria Headlines

Algeria Approves Construction of Deep Water Port

North Africa Post

The Algerian government has given the green light for the construction of a $3.3 billion-deep-water port at the industrial zone of El Hamdania, 70km west of the capital Algiers, local media reported. The Algerian port will be developed by China Harbor Engineering, and China State Construction Engineering Corporation, which, combined, will hold a 49% stake […]