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Senegal’s President Macky Sall fired Tuesday September 12 the head of la Caisse des Dépôts et Consignations, few hours after the latter unveiled plans to run for February 2024 presidential elections. A decree signed by the Senegalese leader, seen by State-run news agency APS, announced the removal of El Hadji Mamadou Diao, better known as […]
South Africa: 15% Eskom tariff hike could cut 150,000 mining jobs
The Minerals Council of South Africa on Thursday warned that the country could lose up to 150,000 jobs, if state-owned electricity supplier Eskom is granted permission to increase electricity tariff by 15%. Eskom has asked government for a 15% tariff increase over three years. The mining lobby group said the move would also hasten the […]
Conditions Conducive for Islamic Finance Expansion in Morocco- Al Baraka Bank
Bahrain’s Al Baraka Bank deems that the regulatory framework in Morocco is conducive for the launch of an Islamic finance venture. The Bank’s Chief Executive, Adnan Ahmed Yousif, told Reuters that the Bank targets the expanding Islamic finance in Morocco in effort to diversify assets and revenues in Africa. Morocco is attractive for Islamic banks […]



