Tag: Morocco

Weak regulation hinders Africa’s banks, says Fitch

The global rating agency Fitch has rated banking regulation in Nigeria, South Africa, Morocco and Kenya among the strongest in Africa. Outside these countries, most banks report according to local accounting standards, and transparency is limited, reports BusinessDay South Africa. The ratings of many African banks incorporate operating risks from […]

Nigeria, 18 others barred from US visa lottery

Nigeria and some other countries will no longer be eligible to participate in the America Diversity Visa lottery programme. Information from the United States Department of State sighted on Sunday said Nigerians and citizens from few other countries were not eligible for DV-2015 The department said Nigeria was excluded since […]

Tony Elumelu advocates for Africapitalism as the solution for Africa’s development

Press ReleaseMarrakesh, Morocco, 28 May 2013 – Charity and aid have failed Africa and its leading entrepreneurs are now driving the continent’s development agenda.This was the sentiment of Tony Elumelu’s speech, described by many as “powerful,” which was delivered at the African Development Bank’s (AfDB) Annual Board of Governors meeting […]