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Morocco tells Revolut market entry premature citing regulatory priorities
British digital bank Revolut has signaled interest in entering Morocco’s fast-growing financial services market, but authorities say the timing is not favorable for a near-term launch. Governor of Morocco’s central bank Abdellatif Jouahri said that he met Revolut executives earlier this month in Rabat, where the fintech company outlined its ambitions but stopped short of […]
Libya: HCS members urge Abdul Hamid Dbeibah to relinquish power peacefully to HoR-backed Fathi Bashagha
A group of members of the High Council of State (HCS) has called on Abdul Hamid Dbeibah, one of Libya’s two rival Prime Ministers, to hand over power peacefully to his foe Fathi Bashagha, designated by the House of Representatives (HoR), the parliament of the oil-rich African country. The group issued a statement calling on […]
Mauritania: massive arrests in connection with corruption scandal at state-run energy company
The Mauritanian police have nabbed a senior official of a state-run energy company and a businessman, both accused by a Senegal company for demanding commissions for a contract awarded to the latter firm, reports say. Businessman, Mohamed Ould Bouchiba, and the technical director of the Mauritanian Gas Company, Mohamedou Pal, had been arrested for questioning […]



