Tunisia has received $700 million in credit facility from African Export–Import Bank known as Afreximbank. President Kais Saied, according to a statement by the state-run television, approved the credit line requested by the Central Bank of Tunis. The statement neither provided details on the period of the loan nor the interest rate. […]
Author: North Africa Post
Egyptian billionaire Naguib Sawiris to visit Tunis
Egyptian billionaire Naguib Sawiris is planning to visit Tunisia “soon” and would announce resumption of one of his mega projects in the North African country. Sources told Egyptian media Acharaa that Sawiris might meet with “senior officials, including the Tunisian President.” “The meetings will discuss among others a mega tourism project in one of […]
Algeria recycles its old accusations against Morocco
The military junta in Algiers is running out of imagination and ideas as it desperately resorts to the same old accusations to try to stop a momentum in favor of Morocco’s sovereignty over the Sahara region. This time, Algeria’s foreign ministry issued a statement accusing Morocco of targeting civilian truckers “outside Morocco’s internationally-recognized borders.” The […]
Morocco hosts FAO Regional Conference for Africa in 2024
Morocco has been selected to host the next meeting of the FAO regional conference for Africa in 2024. The decision was made during the 32nd Session of the FAO Regional Conference convening in Malabo, Equatorial Guinea, April 11-14. The regional conference is FAO’s highest governing body in Africa. The Malabo meeting is held as a […]
Morocco, UK explore investment opportunities in food industry
Investment opportunities in Morocco’s agribusiness sector and its attractiveness to operators in the United Kingdom, were at the focus of a webinar organized Tuesday by the British Chamber of Commerce for Morocco (BritCham). Speaking on this occasion, official from the Ministry of Industry and Trade, Hamid Baadi, highlighted the importance of the national food sector, […]
Libya to suffer from Tunisia’s ban on vegetables export
Libya will take the brunt of Tunisia’s decision to ban export of vegetables in a bid to curb inflation, Libya Observer has commented as the oil-rich African country accounted for 60 per cent of the foreign market of Tunisia’s vegetable exports. Mohamed Ali Ferchichi, spokesman for Tunisia’s Ministry of Trade, indicated Wednesday that four vegetables […]
Italy expects no elections in Libya with two rival administrations
Italy’s ambassador to Libya Giuseppe Buccino indicated Tuesday that it is impossible to hold elections in the oil-rich African country whose running is being claimed by two rival administrations. Baccino made the remark during a round table organized by the Luiss University in Rome, Libya Update reports. “The situation on the ground is complex,” the […]
Fiat to make super-mini electric cars in Morocco factory
Italy’s automotive giant, Fiat, will resurrect its Topolino model in electric version based on Citroen Ami, already being manufactured in Kenitra plant in Morocco. Fiat is part of Setllantis group which also controls PSA, Citroen and Opel and has a factory in Kenitra. Just like the Ami, the Topolino is expected to be sold in […]
King Mohammed VI commemorates 63rd anniversary of passing of late King Mohammed V
King Mohammed VI, Commander of the Faithful, commemorated Tuesday the 63rd anniversary of the passing away of his grandfather, the late King Mohammed V. The Sovereign who was accompanied by Crown Prince Moulay El Hassan and Prince Moulay Rachid, visited the Mohammed V mausoleum and prayed at the grave of the late King Mohammed V. […]
PSC: Morocco affirms support for African Union Transition Mission in Somalia
Morocco affirmed, Tuesday in Addis Ababa, before the Peace and Security Council (PSC) of the African Union its support for the AU Transition Mission in Somalia (ATMIS), while reiterating the primacy of the United Nations Security Council in maintaining international peace and security. This came during the PSC meeting devoted to the financing of ATMIS […]









