Kamel Eddine Chikhi, Chief of state-owned energy firm Sonatrach, was sacked Wednesday only three months into the job. A presidential decree, relayed by state-run television ENTV, said Toufik Hakkar will take the helm of the energy company, which witnessed a cut into revenues last year and is in search of investors. Hakkar was […]
Morocco launched on Monday “Intelaka” initiative, which provides young entrepreneurs with the necessary support and funding to start their own business. The move gives substance to the integrated program spearheaded by King Mohammed VI to back SMEs and facilitate their access to financing. The “Intelaka” program was launched in a ceremony chaired in Rabat by […]
A new scandal has shaken the increasingly divided South Africa’s ruling party, the ANC with the issuing of an arrest warrant against the party’s Secretary General Ace Magashule. The figure of the ruling party is accused of corruption in a public contract case from his time as governor of Free State province. Rumors of […]
