Bank Al-Maghrib receiving ISO 37001 certification for Anti-Corruption Management System

U.S.-Africa Summit: Biden to Host African Leaders in mid-December

The U.S.-Africa leaders summit will be held from 13-15 December, President Joe Biden announced Wednesday (20 December). Describing the U.S. commitment to Africa as „enduring.” The U.S. president said he looked “forward to hosting leaders from across the African continent in Washington.“ According the White House press release, the gathering will look to “foster new […]

Nigeria: lawmakers denounce launch of ‘Nigeria Air’ by Buhari gov’t as “fraud”

Nigeria’s dreams for a domestic airline crash-land, as the lawmakers slammed the launch of the country’s new flag carrier Nigeria Air just days before the end of the administration, declaring it a “fraud”. Nigeria’s House of Representatives dubbed the purported 26 May launch of the Nigeria Air as “fraudulent,” while local media reported that major […]

Conditions Conducive for Islamic Finance Expansion in Morocco- Al Baraka Bank

Bahrain’s Al Baraka Bank deems that the regulatory framework in Morocco is conducive for the launch of an Islamic finance venture. The Bank’s Chief Executive, Adnan Ahmed Yousif, told Reuters that the Bank targets the expanding Islamic finance in Morocco in effort to diversify assets and revenues in Africa. Morocco is attractive for Islamic banks […]