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New ‘independent’ Africa credit rating agency on track to launch in 2025

A new credit rating agency designed to address the needs of sovereign borrowers in Africa, and led by an African Union (AU) Commissioner, is on track to be launched in 2025, according to a senior AU official. Speaking with reporters in Accra, the AU Commissioner for Economic Development, Trade, Tourism, Industry and Minerals, Albert Muchanga, […]

Arab and Maghreban military medical leaders & professionals gathered in Marrakesh to trade experiences

High-ranking military medical leaders and professionals from the Maghreb and the Arab world are meeting in Marrakesh to discuss cooperation ties and exchange experiences to counter current and future common challenges. The four-day event, which opened Wednesday, is organized by the Royal Armed Forces Health Service under the aegis of the International Committee of Military […]

South Africa’s Sanlam Takes over Morocco’s SAHAM Insurance Business in Africa for $1.05 bln

ape-Town based insurer Sanlam said it will fully acquire Morocco’s SAHAM group insurance business in Africa in a $1.05 billion deal. The deal will give Sanlam access to SAHAM’s 26 markets across North Africa, the Middle East and West Africa and builds on its business that spans 11 African countries, India and Malaysia. SAHAM Finances, […]