soluna

Phosphates: Morocco’s OCP Group makes $400 Mln Intra-African trade transactions via blockchain

Morocco’s state-owned OCP Group, the world’s largest phosphate mining and leading fertilizer company, and the Eastern & Southern African Trade and Development Bank (TDB) announced on Tuesday $400 million fertilizer trade finance transactions sealed via blockchain technology. Some $270 million of this deal have already been completed, while the remaining sum will be finalized in […]

Polisario suffers another blow in Spain, its international isolation deepens

The government of Spain has dealt a new hard blow to the polisario by ignoring its existence on the occasion of the World Africa Day, celebrated on 25 May. It is a slap in the face for the polisario leaders. Spanish Foreign Minister Arancha Gonzalez showed them they are worth nothing on the international scene. […]

Al Baraka Group Sells its Stakes in BTI to Moroccan Bank of Africa

Bahrain’s Al Baraka Group (ABG), one of the major Islamic banking and financing institutions, announced on Monday that it is exiting from two of its subsidiaries, Bank Al-Tamweel Wa Al-Inma (BTI) in Morocco and Itqan Capital, an investment company in Saudi Arabia. Its 43.6 pc stake in BTI will be sold to Moroccan Bank of […]