Corona confinement in Morocco

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, […]

Moroccan telecom operators officially launch 5G network

The three telecom operators in Morocco have officially launched the 5G network, marking a significant step in the country’s digital development strategy. The rollout is part of the “Maroc Digital 2030” strategy, which aims to connect 25% of the population to 5G by 2026 and 75% by 2030. The initiative positions digital infrastructure as a […]

France considers freezing assets of Algerian oligarchs amid escalating diplomatic rift

The diplomatic standoff between France and Algeria has escalated into a retaliatory spiral, with Paris now reportedly preparing to freeze the assets of 20 senior Algerian regime figures, according to French media outlets including L’Express. The measure, currently under review by the French Ministries of Foreign Affairs and Interior, would mirror the sanctions imposed on […]