North Africa Post
North Africa Post's news desk is composed of journalists and editors, who are constantly working to provide new and accurate stories to NAP readers.
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Remittance costs in Sub-Saharan Africa remain high despite fintech’s effort to slash fees

North Africa Post

Sub-Saharan Africa remains the world’s most expensive region when it comes to transferring remittances, with an average cost of transferring money of 8.37% in the second quarter of 2024, according to the World Bank’s most recent report. This cost remains significantly above the global average, despite the increasing importance of remittances in the region’s economies. […]
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Former Emir of mujahedeen movement in Morocco lays bare the lies of his former Comrade Ali Aarrass

North Africa Post
Africa Business Headlines International Morocco

Phosphates: Morocco’s OCP Group makes $400 Mln Intra-African trade transactions via blockchain

North Africa Post

Morocco’s state-owned OCP Group, the world’s largest phosphate mining and leading fertilizer company, and the Eastern & Southern African Trade and Development Bank (TDB) announced on Tuesday $400 million fertilizer trade finance transactions sealed via blockchain technology. Some $270 million of this deal have already been completed, while the remaining sum will be finalized in […]

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