North Africa Post
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Africa Emerging Markets International

BADEA provides Togo $16m to support SMEs

North Africa Post

Togo and the Arab Bank for Economic Development in Africa (BADEA) signed Thursday a $16 million loan earmarked to provide support for the West African country’s Small and Medium Enterprises (SMEs). Togo’s Finance Minister Sani Yaya and the BADEA President Sidi Ould Tah inked the financing deal on the sidelines of the ongoing Africa SME […]
Emerging Markets Europe Headlines International Morocco

2030 World Cup to ‘be a success from every point of view’, Portuguese PM says

North Africa Post

The 2030 World Cup in Portugal, Morocco and Spain “will be a success from every point of view”, Portuguese Prime Minister Antonio Costa said. The decision of the FIFA Council to unanimously select the Morocco-Spain-Portugal bid as the sole candidate to organize the 2030 World Cup “will be yet another demonstration of our capacity and […]
Business Finance

China pledges to waive some Africa loans to defy debt-trap diplomacy claims

North Africa Post

China has announced plans to waive 23 interest-free loans to 17 African countries that were due in 2021 amid a growing rivalry with the West and accusations that it is creating “debt traps” on the continent. The relief was announced on 18 August in an address to Chinese and African diplomats at a follow-up meeting […]