Morocco’s second largest bank, BCP, is said to be planning to allow in a major Asian bank as stakeholder in a bid to diversify its portfolio to Asia, Bloomberg reported. “The sale, which could be enacted through a cash injection, is the linchpin of a five-year strategy starting in 2021 that the Casablanca-based lender plans […]
Morocco will never let the Polisario separatists alter the status of the Sahara buffer zone said Morocco’s government chief, Saad Eddine El Otmani in a reaction to the maneuvers by the Algerian-backed separatists to set up posts in the demilitarized area. The buffer zone east of Morocco’s security wall is a demilitarized area under the […]
The government of the Central African Republic accused Chinese mining company Daqing SARL of backing rebels and suspended its operations in the country. Daqing is a gold and diamond mining company operating in the Mingala area south of the country where the government is battling the Coalition of Patriots for Change. The CAR government issued […]
