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UK fintech Revolut seeks foothold in Moroccan market

British fintech giant Revolut is in advanced negotiations with Bank Al-Maghrib as it seeks to establish a strategic foothold in Morocco, potentially positioning the country as its continental base for expansion across Africa. Speaking to reporters, governor of Morocco’s central bank Abdellatif Jouahri said the institution held technical meetings with Revolut’s representatives in June and […]

Algeria Joins Belt and Road Initiative

Algeria is the latest country to join Beijing’s Belt and Road Initiative (BRI). A memorandum of understanding has been signed by officials of the two governments to develop infrastructure and strengthen ties between the two countries through the BRI. According to Algeria Press Service the memorandum was signed by Algerian Foreign Minister Abdelkader Messahel and […]

Egypt, Tunisia to team up against terrorism

President Beji Caid Essebsi of Tunisia held a closed door meeting with his Egyptian counterpart Abdel-Fattah El Sisi shortly after he arrived in Cairo Sunday on his maiden official visit to the country. President Essebsi described the meeting as “successful” and said there is a mutual interest to strengthen cooperation and solidarity. In a joint […]