Maroc Telecom continues its regional expansion plan with the acquisition of Millicom’s subsidiary Tigo Chad, the leading telecoms operator in the Sub-Saharan country. The transaction will only be complete after receiving the green light of regulatory bodies in Chad. The Morocco-based group has subsidiaries in Benin, Burkina Faso, Côte d’Ivoire, Gabon, Mali, Mauritania, Niger, Togo […]
Long ruling Bouteflika has stepped down after popular protests leaving behind him an embattled economy vulnerable to international oil prices. After years of unsustainable spending, Algeria’s foreign exchange reserve shrunk to cover only four years of imports making it difficult to sustain a generous subsidy system that has bought peace at the expense of financial […]
A powerful militia group in the Libyan capital Tripoli seized power on Wednesday night and cancelled the scheduled Dec. 24 elections, reports say. Forces belonging to Al-Samud brigade have taken control of the headquarters of the ministry of defense and the Presidential Council (PC), Tunisie Numerique reports citing local TV Al Ghad. “Presidential elections will […]
