Algerian military

Morocco’s Attijariwafa Bank profit hits record $950 million in 2024

Attijariwafa Bank reported a 26.6% increase in its annual 2024 net profit to 950 million dollars, amid an expansion of activity in Morocco and in African subsidiaries. The bank reported an 8% increase in loans to the economy in Morocco, raising its market share to 28.1% from 26.9% in 2023, it said in a statement […]

West Africa to replace CFA franc; new currency pegged to the Euro

Côte d’Ivoire’s President Alassane Ouattara has announced that West Africa’s monetary union has agreed with France to rename its CFA franc the Eco and cut some of the financial links with Paris. The CFA will undergo three major changes, according to Ivorian President Alassane Ouattara. The name will change to Eco in 2020; France, would […]

Nigeria: Terrorists killed seventy soldiers

The Nigerian army suffered heavy losses. At least 70 soldiers were killed in the attack on their convoy in north-eastern Nigeria, a region plagued by violence from the Islamic State in West Africa (ISWAP) group. The attack happened on Monday but it was only on Tuesday that military sources revealed the information. According to a […]