Morocco: Merger between Atlanta and Sanad insurance companies takes hold

The merger between Atlanta Assurances and its subsidiary Sanad Assurances took effect Monday as both firms held a joint board meeting. Groupe Holmarcom, owner of the two firms, in a statement said Atlanta will engulf Sanad in a move that will enable the insurance service company to bolster its positioning in the insurance industry in […]

Morocco faces limited short-term impact from EU carbon border tax

Morocco’s exports to the European Union are unlikely to face significant disruption in the short term following the implementation of the EU’s Carbon Border Adjustment Mechanism (CBAM), according to the country’s Economic, Social and Environmental Council (CESE). The CBAM, which comes into force on January 1, 2026, is designed to equalize the carbon cost of […]

China’s zero-tariff plan for African economies raises doubts among experts

Beijing’s recent decision to eliminate tariffs for goods from least developed countries (LDCs) with diplomatic relations with China, including 33 in Africa, has been met with a great deal of skepticism among experts. The decision, announced by President Xi Jinping at the 2024 Forum on China-Africa Cooperation (FOCAC) that was held in Beijing in early […]