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Morocco: Pensions Fund RCAR acquires 16 million equities of Maroc Telecom

The Moroccan retirement pensions fund, Régime Collectif d’Allocation de Retraite, (RCAR) has acquired 16,229,447 shares of Maroc Telecom, which has floated 8 per cent of the company’s shares. The operation took place on June 17. RCAR with this acquisition has increased its share in the company to 5.81 per cent, the Moroccan Capital Market Authority […]

Covid-19: RFI hails Morocco’s “very innovative” initiatives to help underprivileged populations

Radio France Internationale (RFI) has hailed Morocco for having adopted multiple initiatives that are sometimes “very innovative” to help underprivileged populations during the COVID-19 health crisis. “Since the onset of the coronavirus crisis, billions of euros have been mobilized by states and international institutions to try to cushion the country from the economic shock. However, […]

Gabon:President Ali Bongo to seek third term in August elections

Gabon’s President Ali Bongo Ondimba, who has been in power for almost 14 years, said on Sunday (9 July) that he would seek a third term in the elections scheduled for 26 August. “I officially announce today that I am a candidate,” Ondimba told a crowd of supporters in a speech broadcast live on his […]