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Nigeria: govt’s new policy to force mining firms to process minerals locally
Nigeria’s government has announced it will only grant new mining licenses to companies committed to process extracted minerals locally, signaling a major shift from the West African country’s long-standing policy of exporting raw materials. Under new guidelines being developed by Nigeria’s government, the new mining licenses will only be granted to those firms that present […]
Multiple suicide bombings kill 18 people in north-east Nigeria
A series of suicide bombing left 18 people dead in Bono state in north-east Nigeria, an area where Boko Haram operates, according to an official tally. The attacks were perpetrated by three women, hitting a wedding, a funeral service, and a hospital in the town of Gwoza in Borno state, a region long plagued by […]
Moroccan banks control 21% of the west African market
Thanks to decades of investments, Moroccan major banks increased their market share in the 8 countries of the West African economic community (ECOWAS) to 21%. A recent ECOWAS report highlighted the expansion of Morocco’s Attijari Wafabank, BCP and Bank of Africa, whose activities dominate some countries such as Mali. In Mali, the three banks have […]



