Africa News

Morocco : Moulay Hafid Elalamy set to get go-ahead to take over Société Générale subsidiary

The powerful Moroccan billionaire Moulay Hafid Elalamy (aka MHE) has for several months been awaiting approval from Bank al-Maghrib (BAM) […] ​The powerful Moroccan billionaire Moulay Hafid Elalamy (aka MHE) has for several months been awaiting approval from Bank al-Maghrib (BAM) […] Read More

Morocco : Moulay Hafid Elalamy set to get go-ahead to take over Société Générale subsidiary Read More »

DRC : Over $1bn in 2023 emergency government spending unaccounted for

The DRC government has failed to provide documentation to support more than three-quarters of its $1.5bn “emergency” spending last year, according to the state’s finance watchdog, which pointed to “possible financial malpractice”.The “unreconciled” emergency spending in 2023 amounted to 3.262 […] ​The DRC government has failed to provide documentation to support more than three-quarters of

DRC : Over $1bn in 2023 emergency government spending unaccounted for Read More »