North Africa Post
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Africa Business Emerging Markets Headlines International

African countries to dominate ranking of world’s rapidly growing economies- UN agency

North Africa Post

African countries are expected to post the highest growth rates this year globally, said the Economic Commission for Africa (ECA), a UN agency. Niger, Senegal, Côte d’Ivoire, DRC, and Rwanda are expected to be world’s top growth performers, according to an ECA report. Niger and Senegal, in particular, are expected start reaping the benefits of […]
Africa Business Headlines International Morocco

Morocco, South Africa break diplomatic ice, look forward to closer economic ties, South African paper

North Africa Post

Morocco and South Africa turned the page on 15 years of lower diplomatic representation with the accreditation of Youssef Amrani as Morocco’s ambassador to Pretoria, a move that puts bilateral relations on track of fruitful economic cooperation, a South African paper said. The move came after Rabat and Pretoria decided to upgrade their bilateral ties […]
Africa Energy International

Afreximbank poised to help Senegal raise $500m

North Africa Post

The African Export-Import Bank (Afreximbank) is in advanced discussion with Senegal’s oil refiner to raise $500 million in syndicated finance, a senior official of the bank told Reuters. The funds will be used to upgrade the company’s old refinery. Société Africaine de Raffinage (SAR), is the oldest refinery of West Africa. The company has recently […]