SM le Roi (16)

Moroccan court finds Maroc Telecom guilty of unfair competition practices

A Moroccan court found Maroc Telecom guilty of abusing its position as the market leader and ordered it to pay 6.36 billion dirhams to Wana Corporate who brought the case. The verdict is the second against Maroc Telecom after telecoms regulator ANRT fined the company 3.3 billion dirhams for failing to respect fair competition provisions. […]

Côte d’Ivoire to have its first cocoa processing plant

The foundation stone of the first cocoa processing plant in Côte d’Ivoire was laid Thursday in the port city of San Pedro. The plant is expected to process half of the country’s cocoa production. The plant, funded by regional financial conglomerate Atlantic Bank Group, will cost around €111 million and will stretch over 9 hectares […]

German Chancellor calls for reconsidering restrictive arms exports to Africa

German Chancellor Angela Merkel has called on her country’s lawmakers to rethink restrictive arms export policies towards Africa, arguing the restrictions are not in Germany’s best interest.   The chancellor, who was addressing the German parliament, the Bundestag, on Wednesday, made the case for more engagement in Africa’s Sahel region, where the threat of destabilization […]