drought

Tunisia: Presidential final round slated for 21 December

21 December has been chosen by the electoral body as the date that will assemble Tunisians at voting stations to elect their new president in the last round of the presidential elections. The last two presidential candidates, Moncef Marzouki and Beji Caid Essebsi, will begin their official campaign on Tuesday 9 December. The ISIE is […]

Africa on edge as Trump tariffs loom, China courts discontented partners

African nations are racing against time to renegotiate trade terms with the United States, as sweeping tariffs — initially set to begin 1 August — now loom for 7 August following a last-minute executive order by President Donald Trump. Trump’s latest executive order slaps a uniform 15% tariff on most African exports — threatening industries […]

Holmarcom take over of BMCI marks exit of the last French lender from Morocco’s retail banking sector

Moroccan conglomerate Holmarcom is set to deepen the shift toward local ownership in the kingdom’s banking sector with its planned acquisition of BMCI from France’s BNP Paribas, in a deal that underscores the exit of the last French bank from Morocco’s retail lending. After completion of regulatory requirements, Holmarcom plans to merge BMCI with Crédit […]