messahel

North African Leaders Express Optimism Following Macron’s Victory

As is the case with France and mainstream Europe, North Africa on France’s Mediterranean neighbourhood breath a sigh of relief after Centrist Emanuel Macron decisively defeated Far-rightist Marine Le Pen in one of a thrilling and tumultuous presidential election campaign. As soon as Macron’s victory was announced North African leaders, notably France’s former colonies, Morocco, […]

SGTM’s IPO set to become second largest in Casablanca stock exchange history

Moroccan construction leader SGTM has received approval from the AMMC to launch an initial public offering (IPO) on the Casablanca Stock Exchange, aiming to raise 5.04 billion dirhams ($545 million). This makes SGTM’s listing the second-largest IPO in the history of the Moroccan bourse, underscoring the growing depth of the local capital market. The subscription […]

UN calls for immediate peace in eastern DRC amid escalating violence

The UN chief has issued yet another appeal for peace in the Democratic Republic of Congo (DRC), where escalating violence between Rwanda-backed rebels and government forces has left nearly 3,000 people dead, displacing hundreds of thousands more. The fighting, particularly around the eastern city of Goma, has intensified in recent weeks, with rebels from the […]