G5 Sahel othmani in Chad

Holmarcom to buy BNP Paribas’ majority stake in Morocco’s BMCI

Holmarcom Finance Company has agreed to acquire the 67% controlling stake held by BNP Paribas in Moroccan lender Banque Marocaine pour le Commerce et l’Industrie (BMCI), the two groups said on April 29. The transaction is expected to close in the fourth quarter of 2026, subject to regulatory approvals in Morocco, including from Bank Al‑Maghrib […]

Nigeria, South Africa ‘gray-listed’ by global anti-money laundering watchdog

The inclusion of Nigeria and South Africa, the continent’s leading economies, on a ‘gray list’ by the Financial Action Task Force (FATF) could present far-reaching setbacks to the two countries’ economic growth. The warning by the Paris-based FATF, a global anti-money laundering and terrorism financing watchdog, comes in the midst of a difficult financial phase […]

ICC convicts Darfur militia leader in landmark war crimes verdict

In a historic first, the International Criminal Court (ICC) has convicted former Sudanese militia commander Ali Muhammad Ali Abd-Al-Rahman — widely known as Ali Kushayb — of war crimes and crimes against humanity committed during the brutal Darfur conflict over two decades ago. The verdict, delivered on Monday (6 Oct), marks the ICC’s first conviction […]