G 5 Sahel

Tunisia: Parliament Speaker calls on EU to establish Marshall Plan for Tunisia

Tunisia’s Parliament Speaker Mohamed Ennaceur Monday called on EU to put in place a “Marshall Plan” to help secure his country’s struggling economy. Ennaceur was speaking at a parliament plenary session attended by EU parliament President Martin Schulz. For Ennaceur, the EU plan could be in the form of intensification of financial support to Tunisia’s […]

Moroccan Holmarcom group acquires majority stake in Kenyan insurance company

Moroccan Holmarcom Group has bought a 51 pc stake in Kenya’s Monarch Insurance Company for an undisclosed sum. The transaction, which is subject to approval by Kenya’s competent authorities, will enable Holmarcom to become the majority shareholder along with Kamu Group and Maisha Bank. The Moroccan private group operates in finance, insurance, agribusiness, distribution, logistics […]

Tough times ahead for Moroccans in the Netherlands

Anti-migrant and anti-Islam Dutch party PVV, led by Geert Wilders, won by far the parliamentary election, in a result that signals the rise of the far-right across Europe leaving many migrants in the country, especially Moroccans, expecting the worst. PVV win will send shockwaves across Europe where mainstream parties fear a sweeping return of the […]