North Africa Post
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Algeria Columns Headlines Opinions

Algeria: President, army at tug of war

North Africa Post

Algeria is at the mercy of an internal war between its president Abbdelmadjid Tebboune and the army which had backed the ascension to power of the 75-year old man, currently in Germany for medical treatment.   Abdelmadjid Tebboune is unpopular in Algeria and is considered an illegitimate president appointed by the military. His illegitimacy was […]
Europe Features International

Spain to spend $4 billion on new combat vehicles, Defense News reports

North Africa Post

Spain plans to acquire 348 “Piranha 5” 8×8 wheeled armored fighting vehicles from General Dynamics European Land Systems (GDELS) in a first phase of purchase, Secretary of State of Defense Vicente Conde told the national Congress, reported the independent Defense News on its website. The N°2 in the Spanish Defense Ministry added that the Spanish […]
Africa Emerging Markets Finance Headlines International Morocco

Morocco joins Pan-African payment and settlement system

North Africa Post

Morocco’s Central Bank has joined the Pan-African Payment and Settlement System (PAPSS), a centralized financial market infrastructure that enables the efficient flow of money securely across African borders, minimizing risk and contributing to financial integration across the Continent. Morocco becomes the 17th country adhering to PAPSS developed by the African Export-Import Bank (Afreximbank) in partnership […]