morocco – view-over-the-city-of-casablanca

The United Nations Impose Sanctions on Libya’s Illegal Exports

On Wednesday (March 19), the United Nations decided to impose sanctions on illegal exports of Libyan oil in a unanimous vote. The resolution came only two days after the US Navy had boarded its tanker Morning Glory in international waters close to Cyprus. The tanker was loaded with illegally obtained crude oil and it managed […]

Morocco, Spain set to build on achievements in fight against illegal migration

Morocco and Spain agreed to expand cooperation in the fight against illegal migration as Spain reaps benefits of Morocco’s efforts with arrivals in Spanish coasts nearly halving this year. The pledge was made by Moroccan Interior Minister Abdelouafi Laftit and his Spanish peer Fernando Grande-Marlaska at a meeting in Rabat this Wednesday. The meeting tackled […]

Central Bank of Mauritania suspends Société Générale Mauritanie buyout by Burkina Faso-based Coris Holding

The Central bank of Mauritania, BCM, has reportedly suspended the acquisition of Société Générale Mauritanie, the subsidiary of Paris-based Société Générale, by Burkina Faso-based Coris Holding over an alleged fraud accusation leveled at Coris. Société Générale in June 2023 announced the sales of several of its subsidiaries in the southern Sahara including Mauritania. The bank […]