DRC -perenco

Africa watching closely French bid to ban $1bn exports of second-hand clothes

African countries are watching closely France’s attempt to impose an EU-wide ban on the export of second-hand clothes, popularly known as mitumba, millions of tonnes of which are exported to the continent each year. France’s lower house of parliament has recently approved a new bill that would gradually impose fines of up to €10-per-item of […]

Morocco Asks Netherlands to Stop Meddling in its Internal Affairs

Foreign Minister Nasser Bourita reiterated rejection of any interference in Morocco’s internal affairs after the Dutch Foreign Minister Stef Blok handed, few weeks ago, a report to Dutch Parliament on the events of the Rif . In the report, the Dutch foreign minister described the verdict against Rif activists as a “matter of concern.” The Foreign […]

Morocco’s BCP acquires 100% of capital of Brazzaville-based BCI

Morocco’s BCP bank said on Friday it completed the acquisition of BCI bank in Congo Republic from France’s BPCE after having met all regulatory requirements. Speaking on the sidelines of a ceremony to seal the agreement, BCP CEO Kamal Mokdad said “the acquisition of BCI will help BCP group strengthen its presence in the Economic […]