North Africa Post
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Headlines Morocco

Forty African Countries Support Morocco’s Return to AU

North Africa Post

Morocco is poised to regain its seat within Africa’s institutional family as 40 African Union member countries have so far expressed support for the Kingdom’s membership, said Foreign Minister Salaheddine Mezouar. Speaking to MPs following the adoption of the constitutive act of the African Union, Mezouar underscored the pertinence of the reinvigorated foreign policy towards […]
Africa Europe Finance Headlines International Maghreb Morocco

British CDC invests $200 mln in BMCE Bank

North Africa Post

CDC Group, the British government’s overseas-investment arm, said it has invested $200 million in Morocco’s BMCE bank, which seeks to develop its activities on the African continent. The British group acquired nearly 5% in the bank’s capital after the investment, part of CDC’s plan to invest $4.5 billion in the African continent, the two institutions […]
Europe Headlines International Libya

EU Agrees on New Patrols to Stop Arms Flows in Libya

North Africa Post

The European Union will launch a new naval and air mission in the Eastern Mediterranean to stop more weapons from reaching the warring factions in Libya, foreign ministers agreed on Monday.   The agreement was reached after Austria lifted its veto.   “We all agree to create a mission that blocks the flow of arms […]