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Finance

Morocco gets renewable energy loan

September 6, 2012 Geraldine Boechat 0

Morocco has received a loan from the African Development Bank to be invested in its renewable energy programs. The 800 million dollar loan will allow […]

Tunisia: Central Bank raises Key rate

August 31, 2012 Geraldine Boechat 0

The Central Bank’s Key interest rate has been lifted in Tunisia as the country struggles to fight against the rising inflation. The new rate has […]

S&P removes Egypt from credit watch rating, confirms rating B

August 24, 2012 Steven Addamah 0

The rating agency Standard & Poor’s has removed Egypt from its watch list and affirmed long and short-term foreign and local currency sovereign ratings on […]

Egypt: Central bank accepts and offers new bonds

August 23, 2012 Steven Addamah 0

The central bank of Egypt has fallen short of its initial objectives to collect 13 billion Egyptian pounds in the seven day repurchase agreements that […]

Algeria: Bank rating agency project under elaboration

August 15, 2012 Geraldine Boechat 0

A project is on its way to create a bank rating agency in Algeria. The announcement of the project’s elaboration was made by the general […]

Egypt Gets $2 Bln Loan from Qatar

August 13, 2012 Steven Addamah 0

The newly formed Egyptian government has managed to get a $2 billion loan from the oil-rich emirate of Qatar, the second country after Saudi Arabia […]

Morocco: Sovereign bond in October

August 6, 2012 Geraldine Boechat 0

According to a senior official who spoke on the condition of anonymity, the government is on the verge of selling at least a billion dollar […]

Jordan to Receive $2 Bln IMF Funding Boost

July 26, 2012 Geraldine Boechat 0

The Jordanian government will receive a $ 2 billion financial assistance from the International Monetary Fund (IMF) to enable the Hashemite Kingdom carry out its […]

Tunisia issues a $485 million bond with US support

July 19, 2012 Geraldine Boechat 0

Tunisia has issued a $485 million sovereign bond guaranteed by the United States, which evidences thus Washington’s strong commitment to help Tunisia strengthen its ability […]

China offers new $20 billion worth loans to Africa

July 19, 2012 Steven Addamah 0

China announced on Wednesday that it would offer Africa new loans worth $20 billion over the next three years to support infrastructure, the manufacturing industry […]

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