North Africa Post
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Emerging Markets Finance Headlines Morocco

Morocco to reduce public debt below 70%- Finance Minister

North Africa Post

Morocco’s government debt is sustainable as efforts are ongoing to cut it further below 70% of GDP, finance minister Nadia Fettah Alaoui said. The minister made the remark during an interview on le360, following criticism by opposition MPs who warned of the risk of debt unsustainability. Debt to GDP ratio was brought below 70% this […]
Africa Europe International

Mali: Germany set to withdraw its troops by 2024, as Islamic State conquers key town

North Africa Post

Germany is counting on nine to 12 months to withdraw its soldiers from Mali, just as jihadists affiliated to Islamic State group have made a significant advance to take Tidermene in the southeastern part of the country, further isolating the regional capital Menaka. Germany’s withdrawal was imposed by the new realities of the West African […]
Africa Business Headlines International Morocco

Nigerian President thanks King Mohammed VI for fertilizers project in his country

North Africa Post

Nigeria’s President Muhammadu Buhari thanked king Mohammed VI for the success of a Moroccan-Nigerian project under which Morocco will build a 1.3 billion fertilizers plant in Nigeria. ‘’We are well on our way to becoming a regional and global fertilizer power house,’’ said President Buhari on his official twitter account after announcing the signing by […]