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Kenya, Somalia diplomatic row escalates over offshore riches
Kenya has halted diplomatic relations with Somalia after a row over oil and gas blocks spiraled out into conflict. Nairobi expelled Somalia’s ambassador on Saturday and called back its own representative in Mogadishu. Officials in Kenya said the Somalian Government’s decision to auction off oil and gas blocks in Kenya’s maritime territorial area that borders […]
How the Collapse of Morocco’s BNDE Reshaped Banking Regulations
More than twenty years after its dramatic collapse, the Banque Nationale de Développement Économique (BNDE) continues to haunt Morocco’s financial history. Bank Al-Maghrib, led by Abdellatif Jouahri, has extended by one year the liquidation process of the former state development bank, a delay Jeune Afrique describes as reflecting the difficulty of settling the accounts of […]
Morocco Elected Vice-President of Interpol for Africa
Morocco was elected by a large majority to the vice-presidency of Interpol for Africa for a three-year term during the organization’s executive committee elections. This election attests to Morocco’s efforts to maintain security and stability at regional and international levels and its pioneering role in promoting South-South security cooperation, the Moroccan General Directorate of National […]



