Grand Renaissance dam

Sahara: Tokyo Deals Hard Blow to Polisario Separatists & Their Allies

Japan’s top diplomat reaffirmed on Monday that his country’s government does not recognize the so-called “SADR”, which is armed, funded and sheltered by Algeria. At a press briefing held after meeting in Rabat his Moroccan peer Nasser Bourita, the Japanese foreign minister Taro Kono said his country’s position on the Sahara issue had been clearly […]

Moroccan honorary consul in Casablanca under investigation for firearms possession

Moroccan security forces in Casablanca have launched a probe against a Moroccan who is honorary consul of a foreign country after they discovered arms in his residence. The National Security General Director (DGSN) said in a statement its forces, upon receiving intelligence, combed the 52-year old man’s house in the city of Casablanca. The forces […]

Morocco’s BCP Group acquires majority stakes in Madagascar’s BMOI

Morocco’s Banque Centrale Populaire, BCP, finalized Thursday the acquisition of 71 per cent stakes in Banque de Madagascar et de l’Océan Indien (BMOI), an Antananarivo-based bank owned by French group BPCE (Banque Populaire et Caisse d’épargne). The deal signed at BMOI will enable the BCP to deepen its foothold in the Indian Ocean area and […]