Tindouf camps

Making Africa healthier: global forum launches $1.2bn initiative to boost local vaccine production

World leaders, health groups, and pharmaceutical firms have announced an African Vaccine Manufacturing Accelerator initiative to the tune of $1.2 billion that will incentivize and offset start-up costs for vaccine manufacturing in the continent. The initiative is “an essential step towards a genuine African vaccine market,” French President Emmanuel Macron said at the opening of […]

Holmarcom take over of BMCI marks exit of the last French lender from Morocco’s retail banking sector

Moroccan conglomerate Holmarcom is set to deepen the shift toward local ownership in the kingdom’s banking sector with its planned acquisition of BMCI from France’s BNP Paribas, in a deal that underscores the exit of the last French bank from Morocco’s retail lending. After completion of regulatory requirements, Holmarcom plans to merge BMCI with Crédit […]

Mauritania-Senegal joint GTA gas project launched, hailed as new era of energy security

British energy giant BP has officially launched gas production at the Grand Tortue Ahmeyim (GTA) field, strategically located along the maritime border between Senegal and Mauritania that represents a promising source of natural gas and a lever for economic transformation. During a recent ceremony, Senegal’s president, Bassirou Diomaye Faye, recently welcomed a delegation from the […]