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Africa: Digital transformation in banking industry well underway — report
Banking access across Africa has increased in 2022, with 48% of the population having access to banking services, compared to 45% in 2017, according to the latest edition of the African Digital Banking Transformation Report, that attributes the growth to the popularity of mobile money and digital banking. Overall, the new survey paints a picture […]
Algeria Jails 6, Fines Foreign Firms in Corruption Case
An Algerian court on Tuesday handed prison sentences to six people, ranging from 18 month suspended sentence to 6 years in prison plus fines, in a corruption case involving the country’s state-run oil firm Sonatrach. Seven defendants were acquitted while four companies, including Italy’s Saipem and the German Funkwerk, were also sentenced to fines ranging […]
Egypt: Islamic State claims responsibility for Rafah attack
The Islamic State said Thursday it was behind the armed assault outside a checkpoint in el-Mahdiya village in Rafah, a town on the border with the Gaza Strip. One officer and three soldiers died in the attack on their vehicle near the border. The militant group Sinai Province, which has pledged allegiance to the Islamic […]



