African leaders give Sudan military council 3 months to hand over power

African leaders meeting in Cairo Tuesday have agreed to give Sudan’s ruling military council three months to hand over power to a civilian transitional government and stressed that this delay should not be prolonged, the Egyptian presidency said in a statement. The agreement extends the 15-day deadline set by the African Union last week for […]

Mauritania Pelagic Sells 23 % of its Shares for € 20 million

Mauritania Pelagic, the largest holding company specializing in production and processing of fish, has sold 23 pc of its shares to international Investments Fund “Hermes-Sojitz” for €20 million. The money derived from the deal will be used for the construction of a modern fishing trawler equipped with 500 tons refrigerated sea water (RSW) tanks. Installing […]

Moroccan-French ties need a fresh revamp

Since the visit by French President Emmanuel Macron to Morocco in Nov. 2018 to launch a high-speed train not much has been achieved in political ties between the two countries, leading analysts to argue that the current form of bilateral ties has hit the limit. France remains the first investor in Morocco with French automotive […]