Libya

Côte d’Ivoire–Morocco: CIMAF Doubles Cement Output

Moroccan cement factory CIMAF based in Côte d’Ivoire will double its cement output as it inaugurated earlier this week its second production line expected to yield 500,000 tons. The launch of the new line comes as the West African country is confronted with a shortage of cement due to various ongoing infrastructure projects initiated over […]

Gabon: General Brice Oligui Nguema named transitional President

A Military junta in Gabon branding itself as Committee for the Transition and Restoration of Institutions (CTRI) named Wednesday August 30 Gen. Oligui Nguema Brice as the leader of the transition in the central African country after toppling incumbent leader Ali Omar Bongo, few days after general elections. Some soldiers presenting the CTRI made the […]

Morocco’s Attijariwafa Bank profit hits record $950 million in 2024

Attijariwafa Bank reported a 26.6% increase in its annual 2024 net profit to 950 million dollars, amid an expansion of activity in Morocco and in African subsidiaries. The bank reported an 8% increase in loans to the economy in Morocco, raising its market share to 28.1% from 26.9% in 2023, it said in a statement […]