Ivorian Consulate General in Laayoune feb 18 2020

French Société Générale confirms sale of its Morocco bank to Saham for €747 million

French Société General plans to sell its majority stake in its Moroccan branches to Saham group for 745 million euros, as it continues its divestment from the African continent. The transaction which includes Société Générale Marocaine de Banques and La Marocaine Vie is expected to be completed by end of 2024. The French group owns […]

Georgia announces release of two seamen captured in Gabon’s seas

Two Georgian sailors captured early this month by pirates in Gabon’s territorial waters have been released from captivity, authorities of the European country announced Wednesday. “Two Georgian sailors abducted in Gabon were freed on May 21 thanks to the efforts of Georgia’s foreign ministry, the Georgian embassy in South Africa, and Georgia’s maritime transport agency,” […]

The European Council calls for closer partnership with Morocco

The European Council, the body that defines the European Union’s overall policies and priorities, called for strengthening ties with Morocco at all levels, echoing similar calls by member states following a politically biased verdict by the ECJ. The ECJ has meddled in the EU’s deals with third parties annulling trade deals with Morocco because they […]