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Finance

Tunisia gears towards financial emergency

October 14, 2013 Geraldine Boechat 0

An official of the International Monetary Fund (IMF) has stated that the assassination of Mohamed Brahmi in July which provoked protests against the government has […]

Moroccan Bank Boosts South-South Cooperation

September 30, 2013 Geraldine Boechat 0

Moroccan Attijariwafa bank officially became last week the majority shareholder in BIA Togo, confirming thus its role in boosting regional economic development and South-South cooperation. […]

US government becomes Jordan’s loan guarantor

August 15, 2013 Steven Addamah 0

The United States have decided to come to Jordan’s rescue by willing to serve as a guarantor for its loans. The kingdom of Jordan is […]

Libyan Banks ready to auto-finance development and growth

July 24, 2013 Geraldine Boechat 0

Libya’s banking sector is willing to give more support to the Libyan Airlines in order to make a regional and even a continental powerhouse in […]

U.S. Earmarks a $7 billion investment to double access to electricity across sub-Saharan Africa

July 1, 2013 Steven Addamah 0

President Barack Obama announced over the weekend Washington will earmark a $7 billion investment over the five coming years to double populations’ access to electricity […]

Egypt is struggling due to bad credit ratings

June 28, 2013 Geraldine Boechat 0

Government officials in Cairo have claimed that the State-owned Egyptian General Petroleum Corp. (EGPC) is close to acquiring a letter of credit from the National […]

Tunisia: Government to recapitalize banks by September

June 18, 2013 Steven Addamah 0

The Tunisian government’s published a letter sent to the IMF, describing the government’s intention to recapitalize its banks through a rescue operation. The amount needed […]

Egypt: NGO warns European Bank against loan

May 28, 2013 Geraldine Boechat 0

The European Bank for Reconstruction and Development (EBRD) should be deciding on Wednesday whether they will fund oil drilling projects in Egypt with a $40m […]

Algiers plans gets World Bank support

May 24, 2013 Steven Addamah 0

The World Bank’s Vice President for the Middle East and North Africa Region, Inger Andersen, has assured Algeria of their continuous support in the expansion […]

Tunisian institutions at loggerheads about IMF loan

May 23, 2013 Steven Addamah 0

The stand-by loan agreed upon and expected to be signed this month by the Tunisian government and the International Monetary Fund (IMF) is again being […]

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News

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