Paris-based multinational financial services company, Société Générale, also known as SocGen, has withdrawn from four African countries, namely Chad, Congo, Equatorial Guinea, and Mauritania. The company announced this Thursday that it has signed agreements with two pan-African banking groups for the sale of its subsidiaries in the four African countries. The company has not disclosed […]
Morocco has been proactive in taking action against Iran’s mischief and attempts to sow instability in West Africa. Iran saw in the instability fed by weak states and the presence of armed groups in the Sahel and West Africa a chance to gain a foothold backed by client states such as Algeria. Moroccan officials have […]
African nations are investing billions in airport infrastructure as passenger traffic across the continent is projected to double to 300 million annually by 2040, according to the International Air Transport Association (IATA), which forecasts average growth of 5.7% per year through 2034. Ethiopia leads this transformation with plans for Africa’s largest airport near Bishoftu, 40km […]
