Central Bank of Mauritania suspends Société Générale Mauritanie buyout by Burkina Faso-based Coris Holding

The Central bank of Mauritania, BCM, has reportedly suspended the acquisition of Société Générale Mauritanie, the subsidiary of Paris-based Société Générale, by Burkina Faso-based Coris Holding over an alleged fraud accusation leveled at Coris. Société Générale in June 2023 announced the sales of several of its subsidiaries in the southern Sahara including Mauritania. The bank […]

Why Morocco stunned the world at Qatar FIFA World Cup

Morocco’s Atlas Lions made history at the Qatar 2022 FIFA World Cup, being the first African and Arab team to have ever reached the semi-finals of the most popular sport event in the world. The reasons explaining this wonderful journey of the Moroccans are multiple and various and might vary from an expert to an […]

Morocco, Israel pave way for cooperation in aerospace industries

Morocco and Israel signed a partnership agreement that will help attract investments by Israeli civilian and defense aerospace giant IAI’s. The deal was signed in Rabat by industry minister Ryad Mezzour and head of IAI’s Amir Peretz. “This is a strategic partnership…that paves the way for a win-win aerospace industrial cooperation,” said Mezzour, adding that […]