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Ethiopia: Speaker of Upper House of Parliament steps down
The Speaker of the Upper House of the Ethiopian Parliament, Keria Ibrahim, resigned from her post on Monday June 8. The resignation is an apparent protest at the postponement of planned elections in the Horn of Africa country over the coronavirus. Keria Ibrahim accuses the Prime Minister and his government of breaking the law and […]
War in Ukraine will not affect Morocco’s wheat supply
The war in Ukraine will not affect Morocco’s wheat supply but will have an impact on prices, said government spokesman Mustapha Baitas. Morocco has a diversified wheat basket with Russia and Ukraine representing 25% and 11% of Moroccan supplies respectively, he said. Morocco does not import hard wheat from the two Black Sea markets, he […]
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, […]



