France’s Société Generale to sell its business in Morocco – media reports

France’s Société General plans to sell majority stakes in its Morocco banking activity to Saham, Moroccan media reported. Saham, owned by former industry minister Moulay Hafid Alamy, had reached a deal to buy 57% stake in the French subsidiary bank, Le360 said in an exclusive. The transaction to buy the fourth largest universal bank in […]

Sahel: Algerian regime’s destabilizing proxies threaten Africa’s stability

As Mali’s transitional President Gen. Assimi Goita has reaffirmed lately his determination to continue the fight against terrorism, calls are mounting against the Algerian regime’s subversive activities seeking to undermine the stability and security of the Sahel region. According to some foreign intelligence reports, the Tuareg factions close to radical Imam Mahmoud Dicko, supported by […]

Egypt hosts Grand Renaissance Dam talks

Egypt is hosting the Grand Renaissance Dam talks with irrigation ministers from Sudan and Ethiopia in attendance. Ethiopia is building a dam on the Nile but Cairo is worried that it will affect its share of the Nile most of which is used for agriculture. Despite their differences, President Abdel-Fattah El-Sisi has stated that the […]