FMI Chief Kristalina Georgieva with Finance Minister Bechaaboune & BAM Governor Abdellatif Jouahri

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, […]

Egypt: El-Sisi discusses regional issues with President Abbas, Saudi FM

President El-Sisi welcomed, on separate occasions, Palestinian President Mahmoud Abbas and Saudi Arabia’s Foreign Minister Prince Saud Al-Faisal to discuss issues within the Middle East and North Africa. Abbas is reported to have complained about Israel’s latest actions to the Egyptian president. The Saudis on their behalf were much more interested in the dangers posed […]

Polisario a threat to regional stability- Italy’s Luigi Einaudi Think Tank says

Influential Italian Think Tank, Luigi Einaudi, urged the Italian government to take a position in favor of Morocco’s sovereignty over the Sahara territory and warned of the growing threats to regional stability posed by the Algeria-sponsored Polisario militias. In a detailed analysis, Andrea Cangini, the Think Tank’s Secretary General and former MP, said that Polisario’s […]