North Africa Post
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Africa International

Mali: Four killed, three wounded in ambush amidst soaring violence

North Africa Post

Four Malian gendarmes were killed and three wounded on Sunday (15 January) in an ambush in the west of the Sahelian country, as diplomats, analysts and human rights groups say indiscriminate violence against civilians has grown since the arrival of the Wagner Group mercenaries more than a year ago. Two gendarmerie vehicles were reportedly burned, […]
Emerging Markets Europe Finance Headlines International Morocco

EBRD supports development of economic zone within Nador West Med industrial port with €110 Mln funding

North Africa Post

The European Bank for Reconstruction and Development (EBRD) has announced a loan of €110 million to support the development of an economic zone within the Nador West Med industrial port complex, located in Morocco’s Oriental region. This is the Bank’s third investment in the Nador West Med complex, following the provision of financing in 2015 and […]
Business Emerging Markets Finance Headlines

Africa’s ultra-wealthy population to grow by 65% in next decade but thousands flee their home — report

North Africa Post

Africa has seen a rise in its number of billionaires and its millionaire population is set to rise by 65% over the next 10 years, but at the same time, about 18,700 high-net-worth individuals have left the continent between 2013 and 2023, the 2024 Africa Wealth Report reveals. Published by Henley & Partners, an international […]