mohamed VI emmanuel macron

Morocco Approves Islamic Banking

As expected, Morocco’s Central Bank has finally given its green light to five Moroccan banks to set up Islamic banks – known locally as participative banking- and allowed three banks to sell Islamic products. The regulatory approvals concern the three major Moroccan banks Attijariwafa Bank, BMCE of Africa and Banque Centrale Populaire (BCP), and two […]

Sudan crisis may destabilize wider region as army-rebels truces fail

As fighting continues to rage in Sudan’s capital Khartoum after a 24-hour-ceasefire failed to hold, African and world leaders warned of the real danger that the escalating crisis in Sudan could spill over to the wider region and degenerate into a security and humanitarian crisis on a disastrous scale. UN Secretary-General António Guterres on Thursday […]

Libya seeks greater role in transport links between Africa and Europe

Libya has outlined plans to leverage its strategic location and transport infrastructure to support intercontinental routes linking Africa and Europe. Deputy Minister of Transport Wissam Al-Idrissi said the country’s position between Africa, the Mediterranean and Europe could make it an important hub for regional and international connectivity, particularly through maritime transport. He made the remarks […]