OCP

Libya: Qatar’s QNB sells shares in Bank of Commerce & Development

Qatar’s National Bank (QNB) has relinquished its shares in Libya’s largest private bank, Bank of Commerce & Development. Bank of Commerce & Development in statement said it bought QNB’s equities, 49 per cent, Libya Observer reported. Libyan investors acquired the equities, according to the bank. QNB announced six months ago it was pulling out of […]

Equatorial Guinea: Manuel Osa Nsue Nsua appointed new Prime Minister

Equatorial Guinea has a new Prime Minister. President Teodoro Obiang Nguema appointed Central Bank Director Manuel Osa Nsue Nsua on August 17, according to a decree issued almost three weeks after the resignation of the previous government, which he had deemed “ineffective”. A young banker to manage the government, that’s the choice of the president […]

Global economy under pressure: Morocco navigates between challenges and opportunities

Morocco finds itself strategically positioned between significant challenges and emerging opportunities as global economic tensions reshape international trade patterns. During a comprehensive economic briefing held Monday in Casablanca, Allianz Trade’s Africa and Middle East economist Lluis Dalmau Taulés analyzed how escalating U.S.-China trade conflicts are creating both risks and potential advantages for Moroccan businesses. The […]