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Attempts to politicize debates at HRC to undermine Morocco’s territorial integrity denounced in Geneva

Ambassadors, Permanent Representatives of member states of the Support Group for Morocco’s Territorial Integrity in Geneva denounced, Wednesday, attempts by a small group of countries to politicize the debates at the Human Rights Council (HRC) to challenge the Kingdom’s sovereignty over its Sahara. Speaking at a virtual meeting of the Group with the High Commissioner […]

Morocco’s Wafa Assurance acquires 65% of Cameroon insurer Pro Assur

Moroccan insurance company Wafa Assurance said it completed the acquisition of 65% of Cameroon’s Pro Assur, a company created in 2000. The transaction, taking the form of share acquisition and capital increase, was approved by Cameroon’s and Morocco’s regulatory authorities, Wafa Assurance said in a statement. The deal is meant to help Pro Assur develop […]

Zambia–Zimbabwe: Batoka Gorge Hydro Power Project Taking Shape

Zambia and Zimbabwe have shortlisted American, European and Chinese companies to build the Batoka Gorge hydro power plant. The consortium of General Electric and Power Construction Corporation of China, Salini Impregilo of Italy and a joint venture of Chinese firms Three Gorges Corporation, China International and Water Electric Corporation and China Gezhouba Group Company Ltd […]