Western Union

EU warns Kenya over grand corruption, but overall Africa makes progress

The European Union has threatened to blacklist Kenya over corruption and money laundering, with the bloc’s Ambassador to Kenya warning that the east African country’s reluctance to curb corruption and money laundering could scare off investors. The EU is revisiting an old problem Nairobi has struggled to contain and if there is no substantial progress […]

Morocco has lowest presence of Salafism in MENA region, Geopolitical Futures says

Morocco has been shown as one of the few countries with a low presence of Salafism in a map published on the Geopoliticalfutures.com website. Morocco together with Lebanon, Qatar and Bahrain were painted light green in the map where the majority of Arab countries have been painted red or brown standing respectively for high and […]

Morocco’s Wafa Assurance acquires 65% of Cameroon insurer Pro Assur

Moroccan insurance company Wafa Assurance said it completed the acquisition of 65% of Cameroon’s Pro Assur, a company created in 2000. The transaction, taking the form of share acquisition and capital increase, was approved by Cameroon’s and Morocco’s regulatory authorities, Wafa Assurance said in a statement. The deal is meant to help Pro Assur develop […]