In Libya, losses from the shutdown of major oil fields and terminals had surpassed $2bn, the National Oil Corporation of the war-torn nation said. Production has dropped from 1.2 million barrels a day before January to about 120,000 this week, the corporation said in a statement. The standoff over Libya’s main source of income has […]
Three Egyptian banks, including Banque du Caire, will launch this month a fintech fund estimated at around $83 million amid increase in investment in Egypt’s fintech industry. Banque du Caire is joined by National Bank of Egypt (NBE) and Banque Misr to carry out the initiative, Rasha Negm, Assistant Sub-Governor Information Technology at NBE indicated. […]
Mauritania is increasingly worried about the mounting terrorist threat in the Sahel that has become a safe heaven for organized crime and terrorism networks. Mauritania’s worries were recently expounded before the 67th session of the UN General Assembly by Mauritanian Foreign Minister Hamadi Ould Hamadi who warned that the Sahel region has become “a safe […]
