Morocco’s BCP acquires 100% of capital of Brazzaville-based BCI

Morocco’s BCP bank said on Friday it completed the acquisition of BCI bank in Congo Republic from France’s BPCE after having met all regulatory requirements. Speaking on the sidelines of a ceremony to seal the agreement, BCP CEO Kamal Mokdad said “the acquisition of BCI will help BCP group strengthen its presence in the Economic […]

Malta Seizes 11 Tons of Drug Coming from Syria, Destined to Libya

Four containers carrying 11 tons of cannabis resin have been seized in Malta while on their way from Syria to Libya. The shipment, discovered in the four containers after they were scanned, was seized at Malta Freeport on Monday as it was to complete the journey to Libya. Customs officials at the port became suspicious […]

Facebook in the crossfire: Kenyan govt rallies around US giant after watchdog’s ultimatum

Kenya has no intention of shutting down Facebook, a technology giant which is owned by its parent company Meta, its minister for information, communication and technology (ICT) said on Monday, August 1, after the national cohesion watchdog gave the platform seven days to comply with rules on hate speech or face suspension. The watchdog’s ultimatum […]