North Africa Post
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UN report sees better prospects for African growth in 2025

North Africa Post

The UN Department of Economics and Social Affairs predicts an improvement of overall African growth in 2025 to 3.7% from 3.4$, despite global stagnation. “Economic growth in Africa is projected to strengthen… driven by recovery in the region’s largest economies,” the report says. However, “Central Africa lags behind due to stagnating oil production and political […]
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FC Injects $50 Million in Moroccan Home Builder Group

North Africa Post

The International Finance Corporation, a member of the World Bank Group, announced it is investing $50 million in Alliances Group, a leading Moroccan home builder, “to increase the supply of quality affordable housing, create jobs, and spark broader economic development.” The investment consists in the purchase of 3% of the Moroccan group’s shares for $25 […]
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Sahara: Polisario Tries to Woo Germany to Exert Pressure on Horst Köhler

North Africa Post

Sensing the heat after Morocco scored successive diplomatic victories at the UN, Latin America, Europe and Africa, the Polisario separatist group, supported by Algeria, sent lately a delegation to Berlin in a bid to coax Germany as this country is seeking to obtain the veto rights at the UN Security Council and expand its international […]