cbe

Morocco’s Financial System Shows Resilience Across Banking and Insurance Sectors

Morocco’s financial system continues strengthening its fundamentals, with banking and insurance sectors demonstrating robust performance, according to the Committee for Coordination and Supervision of Systemic Risks following its twenty-second session Tuesday at Bank Al-Maghrib headquarters. The banking sector recorded substantial profitability gains alongside reinforced solvency. Net income on a standalone basis increased 25% year-on-year through […]

Libya : House of Representatives wants immediate ceasefire

The newly inaugurated members of Libya’s House of Representatives have urged for an immediate ceasefire to end the ongoing violence in the country. Libyans are experiencing the fiercest fighting since the end of the Gadhafi regime. Experts think that the House of Representatives statement will fall on deaf ears because of its lack of military […]

Guinea: Minister of Infrastructure & Transport fired over alleged corruption

Guinea President Mamady Doumbouya has sacked the Minister of Infrastructure and Transport, Yaya Sow, under investigation since November 7 over alleged corruption attempt in his department. A statement read on the national TV RTG announcing the firing said the move was taken because of the launch of a judicial investigation by the Court of Repression […]