mo-founder

Botswana moves to reclaim diamond legacy with De Beers takeover

Botswana is racing to finalize a deal for majority control of diamond giant De Beers by the end of October, as President Duma Boko declares the move “a matter of economic sovereignty for Botswana.” The southern African nation, already holding 15% of De Beers, is negotiating with Anglo American, which is divesting its 85% stake […]

Mauritania: President Ould Abdel Aziz Denies any Attempt to Stay in Power

The Mauritanian President last week indicated he never planned to change the constitution to be able to run again for elections at the end of his current mandate ending in 2019, reports say. Tension has risen since March between the opposition and the ruling party after some ministers and lawmakers suggested change of the constitution […]

Morocco’s Bank of Africa launches major initiative supporting small businesses

Bank of Africa has unveiled a comprehensive campaign to strengthen its position as the primary financial partner for Moroccan entrepreneurs, aligning with national efforts to revitalize the country’s small business sector and entrepreneurial ecosystem. The initiative responds to coordinated government programs led by Bank Al-Maghrib, Regional Investment Centers, and the Employment Ministry, all aimed at […]