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Algeria has Long Way to Go to Counter Terrorism Financing- U.S. Report
The scale of the informal market in Algeria dominated by cash transactions make it hard to counter terrorism financing, the U.S. department of state said in a report. “Foreign exchange restrictions and distrust of banks push Algerians to cash transactions and informal currency-exchange markets,” the U.S. State Department said in the Country Reports on Terrorism […]
Morocco’s BCP Bank Wants to Buy France’s BCPE in Africa
Morocco’s BCP bank started talks with French BCPE bank to buy major stakes in four of its African banks. BCP said in a statement it aims at acquiring BPCE’s controlling stakes in Cameroon, Madagascar, Congo and Tunisia. The French bank owns 68.5% of Banque Internationale du Cameroun pour l’Épargne et le Crédit (BICEC); 71% of […]
Arab Ministers’ health council back up Egypt’s proposal to establish Arab Drug Agency
The Council for Arab Ministers of Health approved Egypt’s proposal to establish the Arab Drug Agency, the Egyptian Ministry of Health and Population said in a statement according to state-run Ahram news outlet. The approval is one of the most fruitful resolutions that resulted from the 58th session of the council, health minister Khaled Abdel-Ghaffar […]



