Prince Harry & His Wife Meghan with Queen Elizabeth

Moroccan Airports Post 17.6% Rise in Passenger Traffic in March

Moroccan airports registered 1.85 million passengers in March, up 17.69% compared to the same period last year, Morocco’s airport authority (ONDA) said. The most significant increase was registered in passengers heading to South America, posting a 50.56 percent rise, followed by North America with 28%, ONDA said in a statement. Casablanca airport accounted 40% of […]

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 […]

Russian-Algerian ties in limbo on Sahel divergences

The worsening ties between Algiers and Bamako unveiled a silently brewing crisis between Algeria and its main arms supplier Russia, which seeks to undermine the west in Africa using a panoply of soft and hard power measures. Algeria has for long claimed to be Russia’s “best friend” in Africa with President Tebboune calling Putin a […]