Egypt: Markets react positively to announcement
The announcement by President Mohammed Morsi to backtrack on his controversial presidential decree which broadened his powers and led to the most popular protest during […]
Articles by Steven Addamah
Egypt: ADB investment and development loan
Egypt’s search for funding has been given another facelift as the African Development Bank (ADB) decides to help the country get over its troubles. The […]
Mauritania: SNIM launches a cocktail of projects
The National Industrial and Mining Company (SNIM) recently launched important development projects at Zouerate with an outstanding budget of 12 billion ouguiyas. Among the multiple […]
Algeria / Kolea: andalusian music event
The town of Kolea in the province of Tipasa will be hosting the 4th edition of the Maghrebian Festival of Andalusian music which will take […]
Libya might invest in Petroplus France
Recent reports claiming that the Libyan sovereign wealth fund is looking at possibilities of investing in the Petroplus oil refinery in northwestern France has been […]
Bluefin Tuna Quotas Raised for first time in 10 years
The member countries of the International Commission for the Conservation of Atlantic Tunas (ICCAT), the international body managing the fishery, decided to slightly raise fishing […]
New WB Report Warns on Risks of Earth Warming
A new World Bank-commissioned report has warned that the Earth will incur serious risks by the end of the century if the global community fails […]
Egypt: a negative trading day
The Egyptian stock exchange experienced a negative trading day as it recorded its worst in two and a half months. Closing on Sunday, the stock […]
Ethiopia: the Nile River and mega dam constructions
Ever since Ethiopia decided to invest almost $12 billion to exploit energy that can be provided by the Nile River which crosses the country by […]
Djibouti’s Islamic finance strategy revealed
Islamic finance is getting popular by the day across the Middle East and North Africa as transactions continue to grow despite the global economic crisis. […]