Egypt’s Orascom Construction Industries (OCI) said shareholders had approved its offer to acquire its ordinary shares listed in Cairo in exchange for cash or OCI shares listed in Amsterdam. Shortly after the report, the company’s shares rose 1.7% to 267.86 Egyptian pounds at the close in the capital, the strongest since January 22nd. The stock […]
Morocco’s air carrier, Royal Air Maroc, and Mauritania Airlines signed a Memorandum of Understanding (MoU) and a “free flow” codeshare agreement for the direct Casablanca-Nouakchott air route. This strategic agreement, initialled in Casablanca on Friday, is part of both airlines’ ongoing efforts to enhance their customers’ experience, as it will allow passengers to benefit from […]
The Lake Chad Basin Commission (LCBC) elected Tuesday Mahamat Idriss Deby Itno, the President of the Transition Military Council of Chad, as its new Chairman in replacement of Nigeria’s President Muhammadu Buhari. The commission gathered in Abuja at the 16th Summit of the Heads of State and Government. Buhari, reports say, before handing the baton […]
