Côte d’Ivoire: SUNU Group withdraws from State-controlled BICICI

Sunu Finance group has pulled out as main shareholder from Cote Ivoire’s trade and industry bank BICICI now controlled by a State-run consortium, “Sika Finance” reports. The holding has sold its 19.11 shares for $35.6 million to Abidjan-based Brandon & MCain Capital, an investment firm founded by Ahmed Cisse, the President of Côte d’Ivoire’s employers’ […]

India seeks food security through more Moroccan phosphates supplies

Indian chemicals and fertilizers minister Mansukh Mandaviya will be visiting Morocco this month to seal long-term phosphates supply deal amid surging prices in the international market. Indian media reported that in addition to Morocco the minister, accompanied by Indian firms, will also visit Egypt to set up plants for Diammonium Phosphate (DAP) and Nitrogen-Phosphorus-Potassium (NPK) […]

Two military helicopters collide in Eastern Libya, 2 crew members killed

Two military personnel loyal to Eastern Libyan rebel General Khalifa Haftar died Sunday after 2 helicopters collided over the village of Msus, 130 kilometers southeast of the city of Benghazi. Libyan Arab Armed Forces (LAAF) controlled by Haftar said in a statement Sunday Brig. Gen. Bouzied al-Barrasi was among the two casualties. The crew of […]