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Holmarcom to buy BNP Paribas’ majority stake in Morocco’s BMCI
Holmarcom Finance Company has agreed to acquire the 67% controlling stake held by BNP Paribas in Moroccan lender Banque Marocaine pour le Commerce et l’Industrie (BMCI), the two groups said on April 29. The transaction is expected to close in the fourth quarter of 2026, subject to regulatory approvals in Morocco, including from Bank Al‑Maghrib […]
EU-Africa energy partnership in wake of Russia-Ukraine war
As the European Union restructures its plans for energy security in light of shifting geopolitical realities, high-level European and African energy stakeholders met during the Africa-Europe Roundtable in Cape Town to discuss the potential of Africa’s hydrocarbon and renewable resources to help attain global energy security. Addressing the role of the African continent in advancing […]
Geneva: Morocco determined to combat torture in all its forms
Morocco is firmly determined combat torture in all its forms and is strongly committed to the Convention against Torture Initiative (CTI), said on Monday in Geneva Moroccan minister for Human Rights Mustapha Ramid. Speaking at a meeting held on the sidelines of the 43rd session the UN Human Rights Council, the minister said the country’s […]



