North Africa Post
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Related Articles
Algeria Headlines

Ailing Bouteflka to officially run for fifth term

North Africa Post

The ruling FLN party has ended suspense by naming President Bouteflika as its candidate for a fifth term in April 18 elections. The move comes after parties in the government coalition voiced support for a fifth term of the 81-year old president who has not spoken in public since suffering a stroke in 2013 that […]
Africa Headlines International Libya

Khalifa Haftar resumes position of Commander in chief of rival Libyan army

North Africa Post

Khalifa Haftar, the strongman of the Libyan eastern region, has resumed his position as general commander of the Libyan National Army (LNA); an army opposed to the UN-backed Government of National Unity headquartered in capital Tripoli. Update Libya, citing an informed source, said Haftar has returned to his post after stepping down temporarily in September […]
Business Finance Headlines Morocco

Fitch Ratings highlights resilience of Moroccan banks

North Africa Post

Credit fundamentals of major Moroccan banks are recovering slowly from the negative impacts generated by the covid-19 pandemic, says Fitch Ratings. The global health crisis caused a 6.3 pc Moroccan GDP contraction in 2020, the worst contraction in 25 years. “The banks’ asset quality and profitability weakened noticeably in 2020. Nonetheless, their credit profiles were […]