EU – grey – list

Sahara issue looms over Saham-Sanlam $1.1 bln deal

Head of Morocco’s BMCE Bank, the third largest bank in the country, criticized the sale of Saham insurance business to South Africa’s Sanlam as detrimental to Morocco’s interest. Speaking at a press conference, head of BMCE Othmane Benjeloun deplored the sale worth $1.1 billion on grounds that South Africa supports the Polisario separatists. “We end […]

Algeria: TV boss summoned for “indecent” program

Algerian communication regulatory authority drew a red line for a local television after it broadcast a program on homosexuality deemed deviant and taboo for the Algerian society. Local television Beur TV boss was summoned Monday for broadcasting an indecent program on homosexuality in Algeria, a statement from the regulatory authority announced. The head of Beur […]

Morocco, Portugal Vow to Join Efforts in Favor of Africa’s Development Potential

Africa was a salient theme in all cooperation prospects discussed during the 13th Moroccan-Portuguese High-Level Meeting in Rabat. The Head of the Moroccan government Saad Eddine El Othmani and his Portuguese counterpart Antonio Costa vowed to join efforts in order to tap into development as well as investment and business opportunities in Africa through the […]