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How BNP Paris is quietly shedding its African liabilities
It's been more than five years since BNP Paribas, in the wake of the $8.9 billion fine imposed in 2014 by the U.S. Department of Justice for doing business with countries under sanctions, gave up its very lucrative oil-backed lending and other high-stakes activities in Africa. [...]
Mohamed VI takes center stage in Africa
Excluded from the African Union for as long as Polisario remains a member, Rabat is endeavouring to gain sway over other Pan African organizations in a campaign headed by king Mohammed VI. The self-proclaimed hub of Europe-African business, Morocco notched [. [...]