Algeria expels over 1,800 migrants to Niger border, rights group says
Algeria expelled 1,845 migrants to Niger’s border in a mass operation on April 19, rights group Alarmphone Sahara
Societe Generale announced on Friday its agreement to sell its major banking and insurance holdings in Morocco to Moroccan Saham Group for 745 million euros ($797.45 million).
The transaction includes a 57.67% stake in Société Générale Marocaine de Banques and its subsidiaries, alongside a complete divestiture of its stakes in La Marocaine Vie, managed by Sogecap, SocGen's life and savings insurance division.
This move is part of Societe Generale's broader strategy to divest non-core assets, which saw its shares rise over 2%.
The announcement follows the recent sale of its professional equipment financing business to BPCE for 1.1 billion euros.
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