Nigeria has become the 77th shareholder in the European Bank for Reconstruction and Development. The Bank’s board of governors approved Nigeria’s membership after it amended its laws to expand incremental funding to Sub-Saharan Africa, the bank said in a statement. Through this membership, Nigeria hopes to benefit from EBRD funding, which is yet to be […]
Cape Verde and Sao Tome and Principe have renewed this week their support to the Morocco-proposed autonomy initiative within the Kingdom’s territorial integrity as the only solution to the Sahara regional dispute. In separate meetings with Moroccan Foreign Minister Nasser Bourita, in Rabat Friday, the Prime Minister of Sao Tome and Principe Jorge Lopes Bom […]
The Moroccan retirement pensions fund, Régime Collectif d’Allocation de Retraite, (RCAR) has acquired 16,229,447 shares of Maroc Telecom, which has floated 8 per cent of the company’s shares. The operation took place on June 17. RCAR with this acquisition has increased its share in the company to 5.81 per cent, the Moroccan Capital Market Authority […]
