Miguel Ángel Gutierrez of Ciudadanos party before congress

Morocco’s Bank of Africa reports $260 mln profit in 2023

Morocco’s Bank of Africa said its 2023 profit increased 16% to 260 million dollars last year, with a net banking income of 1.7 billion dollars, up 9%.   African branches contributed by 56% in this performance while Moroccan business accounted for 42% of total earnings, the bank said.   Bank of Africa, previously known as […]

President Hollande : France ‘Must Double’ Trade with Africa

“France must double its trade with Africa,” Hollande called on French business leaders during a major conference of French and African business leaders in Paris on Wednesday (4 December). If France can manage to achieve this, some 200,000 jobs will be created in France over the next five years. Hollande’s comments came ahead of a […]

Libya : Rebels question new PM Maiteeq’s legitimacy

After Ahmed Maiteeq’s confirmation as the new Prime Minister of Libya in a controversial vote at the General National Congress, the rebels have decided that they won’t recognize the Prime Minster because he “came to power illegally,” according to their spokesman Ali Hasi. Their decision will affect the agreements they reached with former Prime Minister […]