EU announces about €200 million investment in renewable energies in Nigeria

The European Union (EU) announced two major investments in Nigeria in the renewable energy sector. The investments include a €30 million from the Electrification Financing Initiative (ElectriFI) and a €165 million direct loan from the European Union. The announcement was made during the inauguration of a solar tree at the headquarters of the European Union […]

Morocco/drug trafficking: Nearly 1.5 ton of cocaine seized in Tanger-Med Port, about 363 kg of Cocaine grabbed in El Guergarate

Police at the Tanger-Med port, foiled, on Tuesday, an international drug trafficking operation and seized one ton, 488 kg and 80 grams of cocaine. This operation was carried out in close coordination with Spanish security services, as part of joint operational cooperation to combat international cocaine trafficking operations and neutralize the dangers and threats posed […]

Morocco’s BCP Bank Expands in Mauritius & Madagascar

Banque Centrale Populaire (BCP), one of Morocco’s three biggest lenders, continues its expansion in Africa with the acquisition of Banque des Mascareigne in Madagascar and the opening of a subsidiary in Mauritius, thus becoming the first Moroccan bank to operate in the island. With this acquisition, BCP reinforces footprint in the Indian Ocean as part […]