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Algeria: Bouteflika strengthens power with crackdown on security officials
President Bouteflika seems to be solidifying his position, according to experts, by arresting several top security officials and by sacking or ordering the resignations of others with the help of his allies, amongst them the army chief of staff Ahmed Gaid Salah. The arrest of the anti-terrorism chief and the sacking of top officials in […]
Congo slams Societe Generale’s sale of its local branch to Vista Group
Authorities of Congo Brazzaville have rejected Societe Generale’s sale of its country subsidiary to Vista Group because the bank did not give it a right of first refusal, and wields legal action, Reuters reports. The Finance ministry of the central African country in a statement indicated that it was surprised by the announcement by SocGen […]
Private clinic operator Oncorad raises $45 mln to finance its growth
Moroccan private clinic operator Oncorad raised 45 million dollars via private equity funds France’s Stoa and Morocco’s CDG Invest as part of an effort to fund its expansion plan, it said. Oncorad plans to have 30 clinics by 2026 as it sees a pressing need to fill in shortages in private hospitals especially in remote […]



