North Africa Post
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Algeria Headlines Maghreb

Nephew of Polisario Chief of Staff arrested in Panama over money smuggling

North Africa Post

Nephew of Polisario Chief of Staff arrested in Panama over money smuggling Panama’s customs services arrested, on May 11, Mohamed El-Wali Akik, a nephew of the polisario chief of staff, for smuggling foreign currency valued at $65,000. The arrested individual was brought before the Panamanian Public Prosecution which decided to ban him from traveling until […]
Business Emerging Markets Europe Headlines International Morocco Technology

SKF opens magnetic bearing plant in Morocco to meet growing demand

North Africa Post

Swedish SKF Company, world leader in most innovative bearings, seals & lubrication systems, has opened its new factory in Tangier, Northern Morocco. The production site will manufacture components for magnetic bearings and high-speed electric motors, enabling SKF to meet the increased demand for these solutions while strengthening the Group’s position as a global leader in […]
Africa Business Emerging Markets International

Tanzania’s communication sector records impressive boom with 98% penetration

North Africa Post

Tanzania’s communication sector has recorded a significant growth as it approaches the saturation point of 100% penetration, according to the Tanzania Communications Regulatory Authority (TCRA). Telecom penetration has almost reached its maximum potential, with numbers hovering around 98% in 2022 and the first quarter of 2023, the TCRA has said in its latest report, adding […]