South sudan oil facilities

Morocco’s Banque Centrale Populaire acquires majority shares in Cameroon’s BICEC bank

Morocco’s Banque Centrale Populaire, BCP, has acquired 68.5 per cent of Cameroon’s Banque Internationale du Cameroun pour l’épargne et le crédit (BICEC). Till that acquisition, the assets were owned by French group BPCE (Banque Populaire et Caisse d’épargne).   The deal was signed Tuesday at BICEC headquarters in Douala, Business in Cameroon reports. Kamal Mokdad, […]

Fears in Italy over Increasing Arrivals of Migrants from Algeria

The Governor of the Italian Island of Sardinia has raised the alarm requesting help from Rome to curb the rising influx of illegal embarcations from Algeria, which has become a new Mediterranean illegal migration route to Europe. About 800 people have made the crossing from Algeria this year, landing on beaches in Sardinia in small […]

Morocco: Algerian suspected for links with drug trafficking arrested in Fez

Security forces in Fez, northeastern Morocco, have arrested an Algerian national wanted in his home country for alleged connection with drug trafficking. A statement from the national security directorate, DGSN, revealed that the 36-year old suspect was arrested while he was applying for a residence permit in Morocco.   Security forces found out during the […]