Mali resignation of soumeylou_boubeye_maiga

Wafa Assurance launches $100 mln bid to acquire Egypt’s Delta Insurance

Wafa Assurance, one of Morocco’s leading insurance companies, has launched a public takeover bid (OPA) worth 925 million dirhams or $100 million to acquire a controlling stake in Delta Insurance S.A.E., a prominent Egyptian insurer. The bid, filed with Egypt’s Financial Regulatory Authority (FRA) on June 10, targets at least an acquisition threshold of 51%, […]

UK to cut import taxes on 99% of goods imported from Africa

The United Kingdom is to cut import taxes on hundreds more products from some of the world’s poorest countries, which is a part of its wider push to use trade to “drive prosperity and help eradicate poverty”, as well as reduce dependency on aid. The Department for International Trade said Monday (15 August) the scheme […]

Most of Morocco emerges from three-month confinement

Most Moroccans can finally leave their homes without a permit as the country relaxes confinement measures in strict respect of anti-coronavirus protection measures. Cafes across the kingdom have been asked to not exceed half capacity. In downtown Rabat most cafes seemed to abide by social distancing rules. Some big brand outlets are monitoring temperature of […]