military exercise

Libya: Tuaregs and Tebus renewed hostilities going on for days

Tribal clashes between the Tuaregs and the Tebus in the southern city of Sabha have left dozens of people dead. The clashes started last week and mediation efforts have not been effective as the two tribes continue to be suspicious of each other. They are neighbors to each other in the same city and that […]

Morocco’s BCP Group acquires majority stakes in Madagascar’s BMOI

Morocco’s Banque Centrale Populaire, BCP, finalized Thursday the acquisition of 71 per cent stakes in Banque de Madagascar et de l’Océan Indien (BMOI), an Antananarivo-based bank owned by French group BPCE (Banque Populaire et Caisse d’épargne). The deal signed at BMOI will enable the BCP to deepen its foothold in the Indian Ocean area and […]

Morocco adopts non-interference vis-a-vis Algeria’s domestic affairs

Morocco is not interfering in Algeria’s domestic issues and abstains from commenting on the recent developments in the eastern neighbor, said Foreign Minister Nasser Bourita in a statement. Algeria has been rocked by large-scale protests demanding an end to Bouteflika’s two-decade rule and a democratic reform of an aging regime. Some media outlets hovering around […]