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Africa Headlines International Morocco

Sahara: Benin Supports Political Solution & UN Efforts

North Africa Post

Benin supports a political resolution to the Sahara issue and the exclusive role of the United Nations as a consensual framework seeking to reach a final settlement to this regional conflict. In a joint statement issued following the 6th meeting of the High Morocco-Benin Cooperation Committee convened Monday in Marrakech under the co-chairmanship of foreign […]
Egypt Emerging Markets Headlines Morocco

Wafa Assurance launches $100 mln bid to acquire Egypt’s Delta Insurance

North Africa Post

Wafa Assurance, one of Morocco’s leading insurance companies, has launched a public takeover bid (OPA) worth 925 million dirhams or $100 million to acquire a controlling stake in Delta Insurance S.A.E., a prominent Egyptian insurer. The bid, filed with Egypt’s Financial Regulatory Authority (FRA) on June 10, targets at least an acquisition threshold of 51%, […]
Egypt Headlines

Middle East Crisis: Netanyahu endorses Egypt’s peace efforts

North Africa Post

Israeli Prime Minister Benjamin Netanyahu Thursday claimed support for Egypt’s peace push in the region to solve conflict between Israel and Palestinians, at the time when ties between Cairo and Tel Aviv rewarm. “I want to thank President al-Sisi for his leadership and for his efforts to advance peace between Israel and the Palestinians and […]