AMISOM hands over weapons captured from Al-Shabaab to Somalia

Moroccan Parliament becomes “Advanced Partner” of FOPREL

The Forum of Presidents of the Legislative Powers of Central America, the Caribbean, and Mexico (FOPREL) announced on Wednesday in Rabat that the Moroccan Parliament had been promotes from “permanent observer member” within FOPREL, granted in 2014, to “advanced partner”. The decision, voted unanimously by FOPREL members, was announced at the Forum’s 30th extraordinary session […]

Morocco’s BCP Group acquires majority stakes in Madagascar’s BMOI

Morocco’s Banque Centrale Populaire, BCP, finalized Thursday the acquisition of 71 per cent stakes in Banque de Madagascar et de l’Océan Indien (BMOI), an Antananarivo-based bank owned by French group BPCE (Banque Populaire et Caisse d’épargne). The deal signed at BMOI will enable the BCP to deepen its foothold in the Indian Ocean area and […]

Congo Mining Giants Under Fire Over Massive $17B Revenue Discrepancy

A state audit in the Democratic Republic of Congo has uncovered a staggering $16.8 billion discrepancy in mining revenue declarations between 2018 and 2023, raising serious concerns about transparency and accountability in one of Africa’s richest resource nations. According to the Court of Auditors’ June report, mining companies declared $98.2 billion in revenue to tax […]