As expected, Morocco’s Central Bank has finally given its green light to five Moroccan banks to set up Islamic banks – known locally as participative banking- and allowed three banks to sell Islamic products. The regulatory approvals concern the three major Moroccan banks Attijariwafa Bank, BMCE of Africa and Banque Centrale Populaire (BCP), and two […]
Egypt’s telecom company, Telecom Egypt has tasked Nokia International to build the country’s Internet of Things (IoT) infrastructure expected to spur improvement of businesses. The deal signed between Adel Hamed, managing director and CEO of Telecom Egypt, and Henrik Fall, head of cloud services and networks in the Middle East and Africa at Nokia, will […]
After being suspended from the African National Congress (ANC) in January 2024, former South African president Jacob Zuma has been expelled by the party’s disciplinary Committee, according to a leaked document. He was sanctioned for having led a rival party in the May 2024 legislative elections. After suspension, exclusion: the disciplinary committee of South Africa’s […]
