North Africa Post
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Africa Business Egypt International

Commercial International Bank Egypt completes acquisition of Kenya’s Mayfair CIB in $40mln deal

North Africa Post

Commercial International Bank Egypt (CIB) is set to proceed with the complete takeover of Kenya’s Mayfair CIB, after obtaining approvals from authorities, in a deal valued at $40 million. The Central Bank of Egypt (CBE) and the Central Bank of Kenya (CBK) have just granted their consent for CIB to acquire the remaining 49% of […]
Americas Headlines International Morocco

Morocco’s Ramzi Boukhiam Wins World Surfing Stage, Cruises to 2nd Spot on World Ranking

North Africa Post

Moroccan professional surfer Ramzi Boukhiam won on Sunday a world surfing contest and cruised straight up from the 163rd to the second spot in the world ranking with 5,375 points. The four-day world championship stage, the World Surfing League’s 2020 Oi Hang Loose Pro Contest, was held on the beach of Cacimba do Padre, located […]
Headlines Maghreb Morocco

Morocco reiterates calls by international right NGOs for a halt of violations in Tindouf camps

North Africa Post

Morocco welcomed the actions taken by international rights watchdogs with regard to the blatant violations committed in the Algerian territory by the Polisario militia. Spokesman for the government said that rights violations in the Polisario-administered Tindouf camps are now an international concern. Human Rights Watch issued three days ago a scathing report denouncing the crackdown […]