banki-loti

Tunisia: Probe launched into gas explosion at Interior Minister’s residence

Tunisia’s Justice Ministry has commissioned an investigation into causes of a gas explosion at the house of Interior Minister Taoufik Charefeddine, Webdo Tunis reports. An explosion rocked the Minister’s house on Monday. The authorities blamed gas leak as cause of the blast. The explosion took place in the kitchen, the interior ministry said in a […]

Morocco Orders Four Boeing 787-9 Dreamliners worth $1.1 bln

Morocco’s flag carrier, Royal Air Maroc (RAM), will add four Boeing 787-9 Dreamliners to its fleet for a total cost of $1.1 bln. RAM already operates five 787-8 Dreamliners. The new Boeing planes will help the airline expand in South America, North America, the Middle East and Europe. “Our vision is to be the leading […]

UK-based BII, African Guarantee Fund ink $75m pact to fund SMEs across Africa

UK-based finance institution British International Investment (BII) and the African Guarantee Fund (AGF) have signed a $75 million re-guarantee agreement for small and medium enterprises (SMEs) across Africa, Zawya reports. The fund, according to BII, will provide credit guarantees to partner financial institutions for up to 75% of the risk on SME loans, thus increasing […]