Egypt: QNB is taking over Société Générale
Cairo’s bourse three week high journey was brought to an end after Société Générale decided to sell its stakes in Egypt’s National Société Générale Bank […]
Month: December 2012
Mauritania: World Bank Supports Rural Communities
World Bank board of directors have approved a grant of $ 10 million assistance fund to the Mauritanian government in order to help it deal […]
Tunisia promotes Sahara desert tourism
Tunisia is not relenting on its efforts to make the country a principal destination in the region as the Minister of Tourism Elyes Fakhfakh accompanied […]
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 […]
Swedish Government flatly Rejects Recognition of Sahrawi Republic
Sweden does not intend to recognize the Saharan Republic, known by its French acronym as SADR, announced Thursday the Swedish Ministry of Foreign Affairs. “The […]
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 […]
Algeria finds new oil reserves
Soantrach, the national hydrocarbon company of Algeria has made an announcement of the discovery of crude oil in the basin of Berkine in partnership with […]
Libya: ENI begins onshore exploration
Italy’s petrol giant, ENI has once again started exploratory drillings in Libya as it continues to increase its activities in Africa. The drilling is onshore […]
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 […]