Sahara ceasefire

Bank intermediation dominated Mauritanian banks’ activities in 2023

In 2023, banking intermediation was at the heart of Mauritanian banks’ operations, as they leveraged their deposit-taking and lending activities to support growth. According to the Central Bank of Mauritania’s 2023 annual report, this activity accounted for 65.1% of the banking sector’s total consolidated assets. Customer deposits at the 17 banks operating in the country […]

CAR: Four Chinese abducted in Lamy-Pont

Four Chinese gold miners have been kidnapped in Lamy-Pont, a village in Central African Republic (CAR), near the town of Abba, in Nana-Mambéré sub prefecture where three Chinese were also abducted in March 2023. The incident occurred Saturday Novembr 18, during a clash between armed forced and a group of unidentified armed men who attacked […]

Morocco voices readiness to assist floods-hit Spain with rescue teams, assistance

Following the floods that ravaged several regions of Spain, King Mohammed VI gave his instructions to the Interior Minister to call his Spanish counterpart and propose Morocco’s assistance. During the phone call, the Moroccan Interior Minister informed his Spanish  counterpart that, in accordance with the high royal instructions, Morocco is fully prepared to send rescue […]