Tunisian autocrat puts potential rivals in jail ahead of presidential elections

Tunisia’s authoritarian leader kais Saied is paving the way for his re-election by sending his rivals to jail under bogus charges. The manipulation of the judiciary is the most recent episode in a process of power consolidation by Saied who has destroyed the country’s checks and balances, gearing Tunisia to its pre-Arab Spring authoritarianism. On […]

EBRD supports Morocco’s manufacturing with €45.5 Mln funding

The European Bank for Reconstruction and Development (EBRD) announced on Wednesday a €45.5 million loan to Eczacıbaşı Consumer Products Maroc (ECP Maroc) to enable the Moroccan subsidiary of Turkish group Eczacıbaşı Consumer Products (ECP) to acquire Jeesr, a leading manufacturer of tissue paper products in Morocco. This is the Bank’s first cross-border acquisition financing package […]

Lome-based Asky acquires new aircraft to beef up the fleet

Asky, a panafrican airline operating from the Togolese capital Lome, added a Boeing 737 to its fleet bringing its fleet to 12 aircrafts. “This modern aircraft will be used to improve connectivity, increase frequencies and open new routes throughout the region,” the airline said in a statement. The company, aged 12 and has Ethiopian Airways […]