Meeting on Vocational training April 4 2019

Mali: Is Algerian regime involved in coup plot ?

Malian authorities have arrested lately dozens of soldiers accused of plotting to topple the country’s military leaders amid alarming reports that Tuareg rebels supported by Algeria are gaining ground in the north. According to press reports, about 50 soldiers and senior officers including General Abass Dembele, the former governor of the Mopti region, have been […]

Greenback Initiative Morocco: Central Bank, World Bank pool efforts to improve access to financial services

Morocco’s central bank, Bank Al-Maghrib, and the World Bank announced on Tuesday the launch of the City-Tour concept, an innovative training-action to improve access to financial services. The City-Tour concept, launched in the framework of the Greenback Initiative Morocco, consists in organizing guided tours to financial services agencies for the benefit of potential users, supervised […]

Wafa Assurance launches $100 mln bid to acquire Egypt’s Delta Insurance

Wafa Assurance, one of Morocco’s leading insurance companies, has launched a public takeover bid (OPA) worth 925 million dirhams or $100 million to acquire a controlling stake in Delta Insurance S.A.E., a prominent Egyptian insurer. The bid, filed with Egypt’s Financial Regulatory Authority (FRA) on June 10, targets at least an acquisition threshold of 51%, […]