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Morocco’s Banque Centrale Populaire acquires majority shares in Cameroon’s BICEC bank
Morocco’s Banque Centrale Populaire, BCP, has acquired 68.5 per cent of Cameroon’s Banque Internationale du Cameroun pour l’épargne et le crédit (BICEC). Till that acquisition, the assets were owned by French group BPCE (Banque Populaire et Caisse d’épargne). The deal was signed Tuesday at BICEC headquarters in Douala, Business in Cameroon reports. Kamal Mokdad, […]
Algeria: Journalist Ihsane El Kadi’s sentence increased to 7 years on appeal
Algerian journalist Ihsane El Kadi’s sentence has been increased to 7 years on appeal. Seven years in prison–with the possibility of release only after having served five of them–was the verdict handed down to Algerian journalist Ihsane El Kadi on Sunday. This marks the most severe sentence ever handed down to an Algerian journalist by […]
Tunisia: Unity Government to be Unveiled before June 27
Tunisian President Caid Essebsi has announced a unity government would be named no later than June 27, reports say. President Caid Essebsiis still continuing consultation for the formation of the unity government that he announced early this month. Local media, quoting close sources to the President, indicate that consultations will heat up this week to […]



