Stakes owned by Vivendi SA in Maroc Telecom are being sold as part of debt reduction plan by the former. The sale is estimated to generate more than $5billion. Two potential investment banks have already been contacted by Vivendi but political policies might make a deal hard to come by, the source added. Vivendi accounts […]
South Africa is fast becoming the new battleground for global automakers, with Chinese and Indian car manufacturers racing to establish a stronghold in Africa’s most developed economy. Amid strained U.S. trade relations and shifting global dynamics, brands like Leapmotor, LDV, and Tata Motors are investing heavily in South Africa to access the broader African market. […]
West Africa is becoming a central node in global cocaine trafficking, as powerful criminal groups from the Western Balkans expand their footprint across the region, a new report has revealed. Once operating largely behind the scenes, Albanian- and Slavic-speaking networks have now entrenched themselves in countries like Senegal, Guinea-Bissau, Sierra Leone, and Cape Verde. These […]
