Sahara issue looms over Saham-Sanlam $1.1 bln deal

Head of Morocco’s BMCE Bank, the third largest bank in the country, criticized the sale of Saham insurance business to South Africa’s Sanlam as detrimental to Morocco’s interest. Speaking at a press conference, head of BMCE Othmane Benjeloun deplored the sale worth $1.1 billion on grounds that South Africa supports the Polisario separatists. “We end […]

Word Bank, IMF loan Côte d’Ivoire over €550 million for development projects

Côte d’Ivoire has secured two loans worth nearly €560 million from the World Bank and the International Monetary Fund (IMF) for the financing of two development projects. The first credit, 282.8 million euros, concerns inclusive sustainable development project for secondary cities while the second estimated at 276.9 million euros will be used to finance the […]

Tunisia: UN concerned over escalating repression against vocal critics

More than a dozen people—activists, judges, and journalists, among others—have been arrested over the past week. The UN has called on the Tunisian government to desist from cracking down on political opposition in the country and respect human rights and the rule of law. In this connection, UN High Commissioner for Human Rights, Volker Türk, […]