Morocco-King-Mohammed-IV

Over 20% of Cigarettes Consumed in Maghreb are Illicit- KPMG Study

Illicit cigarettes accounted for over 20% of consumption across the Maghreb region in 2016. However successful prevention strategies have resulted in a 24% decline since 2015, said the Amsterdam based professional service and auditing company KPMG in a recent study. The study, dubbed “Illicit Cigarette Trade in the Maghreb Region,” shows the 13 billion smuggled […]

Côte d’Ivoire: SUNU Group withdraws from State-controlled BICICI

Sunu Finance group has pulled out as main shareholder from Cote Ivoire’s trade and industry bank BICICI now controlled by a State-run consortium, “Sika Finance” reports. The holding has sold its 19.11 shares for $35.6 million to Abidjan-based Brandon & MCain Capital, an investment firm founded by Ahmed Cisse, the President of Côte d’Ivoire’s employers’ […]

Importing Sahara Goods, Legal, in Line with International Law- Danish FM

Danish Foreign Minister Anders Samuelsen made it clear that importing products hailing from the Moroccan southern provinces, the Sahara, is legal and in line with international law since the local population benefits from the resources of the region. “Imports of goods emanating from the Sahara is legal and does not call into question international law […]