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Ethiopia to establish its own stock exchange as the nation’s economy opens up

At least 50 companies are expected to list on the Ethiopian Stock Exchange (ESX), set to launch in two years, which will provide a platform for the privatization of the country’s state-owned enterprises. Three months ago, Ethiopia announced it was in the process of establishing a stock market signaling a window of opportunity for cross-listing. […]

Sahara: Morocco’s King sends strong message to enemies of country’s territorial integrity

King Mohammed VI has sent a firm and straightforward message to the delusional and lunatic enemies of Morocco’s full sovereignty over its entire Sahara, telling them wake up to reality and cease pursuing an elusive dream for nearly five decades. The Monarch’s firm stand over the Sahara issue comes in a speech he delivered Wednesday […]

South Africa’s Sanlam Completes Acquisition of Moroccan Insurer Saham

South African financial services company has strengthened its foothold as Africa’s largest insurance firm with the completion of the $1.1 billion purchase of Morocco’s Saham Finances SA after regulators approved the deal. The acquisition, which was sealed on October 9 and has entered into force on October 11, will help Sanlam boost presence in 33 […]