The Amazigh population (Berbers) in Algeria’s restive Kabylie region are looking to establish their own security forces to protect themselves against the violence and excess of the Algerian law enforcement agents. The call for setting up a local force was made by head of the movement for the self-determination of Kabylie, Ferhat Mhenni, who lives […]
The African Development Bank, AfDB, has made equity investment worth $11 million in Luxemburg-based BluePeak Private Capital Fund to support mid-size firms, including in the pharmaceuticals, agribusiness, manufacturing, and logistics sectors, across Africa. The Abidjan-based bank in a statement said BluePeak – a flagship private capital fund – will provide growth capital to middle-sized companies […]
Moroccan banks’ impaired loans ratio surged to 8.6% to stand at a record 80 billion dirhams undermining Bank’s profits in 2020, the central bank said in its latest report. The rise of bad loans takes place at a context marked by the impact of the pandemic on economic activity in general and bank loans in […]
