North Africa Post
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Business Finance Headlines Libya

Libya’s Central bank under some international pressure to cut off funding for Dbeibeh-led Cabinet

North Africa Post

The governor of the Libyan central bank, Saddek El-Kaber, is being pressured by some international parties to cut off financing for the Government of National Unity (GNU) led by Prime Minister Abdulhamid Dbeibeh who has refused to step down, after the country’s Parliament replaced him last week, Update Libya reports, citing some diplomatic sources who […]
Africa Business Headlines International

Nigeria, Africa’s largest economy – Bloomberg

North Africa Post

Nigerian economy has recovered—slowly after it suffered a recession in 2016. New data from Bloomberg shows that Nigeria is now Africa’s largest economy, pushing South Africa into second place.   According to Bloomberg, Nigeria’s economic growth beat forecasts in the fourth quarter, helping its economy to expand the most in four years in 2019 as […]
Africa Features International

Old Guard, New Crisis: Malawi’s Mutharika Returns Amid Rising Uncertainty

North Africa Post

At 85, Peter Mutharika has reclaimed Malawi’s presidency in a dramatic political comeback, nearly a decade after losing the office in a court-overturned election. Sworn in on Saturday (4 Oct) at Kamuzu Stadium, he now becomes Africa’s second-oldest sitting leader — second only to Cameroon’s Paul Biya. Mutharika won a decisive 56% of the vote […]