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French Société Générale confirms sale of its Morocco bank to Saham for €747 million
French Société General plans to sell its majority stake in its Moroccan branches to Saham group for 745 million euros, as it continues its divestment from the African continent. The transaction which includes Société Générale Marocaine de Banques and La Marocaine Vie is expected to be completed by end of 2024. The French group owns […]
Egypt: Cabinet Lambasts Western Media Critical of al-Sisi’s Economic Management
The Egyptian government has slammed New York-based Blomberg media and London-based The Economist for their critical reports on the Egyptian economy, which, they said, is doing poorly due to President al-Sisi’s incapacity to drive the country out of the difficult economic situation it has been facing since 2011. Blomberg’s editorialist on Tuesday put the economic […]
75 people killed in recent flooding in Niger
The flooding that hit the West African country on August 28 killed at least 75 people, authorities said Sunday, News.Aniamey reports. The Civil Protection Directorate, (DGPC), indicated Monday that 54 people of victims were killed by slumps while the 21 others were drawn. The Maradi region recorded the highest toll with 30 dead while Zinder […]



