USAID

Moroccan Holmarcom group acquires majority stake in Kenyan insurance company

Moroccan Holmarcom Group has bought a 51 pc stake in Kenya’s Monarch Insurance Company for an undisclosed sum. The transaction, which is subject to approval by Kenya’s competent authorities, will enable Holmarcom to become the majority shareholder along with Kamu Group and Maisha Bank. The Moroccan private group operates in finance, insurance, agribusiness, distribution, logistics […]

Tunisia: Government retreats while unions threaten political parties

Concessions have been made by the ruling political parties at the end of their Tuesday meeting with the UGTT, the biggest union in Tunisia, and UTICA, an employers’ union representing business owners and self-employed workers. The ruling government has decided to leave power earlier than expected but based on certain conditions. The opposition received the […]

Guinean teenager’s hell journey in Algeria

The European news website InfoMigrants has just published a feature story on the hell a Guinean teenager, named Ahmed, went through when his bad luck took him to Algeria, where he could hardly find a job and where he ended up in prison before being deported manu-military to the desert near Niger’s borders. The 15-year-old […]