Morocco’s BCP Bank Wants to Buy France’s BCPE in Africa

Morocco’s BCP bank started talks with French BCPE bank to buy major stakes in four of its African banks. BCP said in a statement it aims at acquiring BPCE’s controlling stakes in Cameroon, Madagascar, Congo and Tunisia. The French bank owns 68.5% of Banque Internationale du Cameroun pour l’Épargne et le Crédit (BICEC); 71% of […]

Mauritania’s President Wants Opposition out of Parliament

Mauritania’s President Mohamed Ould Abdelaziz has called for banning opposition MPs from entering the parliament, labelling them as “intruders” and “extremists.” He said in an address to his party members, the Union for the Republic, in the northern locality of Akjoujt, that the presidential elections take place with the participation “of intruders with ideas and […]

Sierra Leone inaugurates embassy in Rabat Friday, before Consulate General in Dakhla Monday

Sierra Leone has inaugurated its embassy in Morocco during a ceremony on Friday in Rabat that was chaired by Foreign Minister David Francis and Moroccan Junior FM Mohcine Jazouli.   Speaking at a joint press briefing with Jazouli, the Sierra Leonean official said the opening of this diplomatic representation is “a superb demonstration of our […]