Mohsen-Hassen

Guinea Bissau President & ECOWAS Chairman meets Putin

Umaro Sissoco Embalo, President of Guinea Bissau who also doubles as ECOWAS Chairman, discussed Tuesday in Moscow with President Vladimir Putin of Russia an array of issues including peace resolution to the war in Ukraine. “I also pass on the message of all 15 countries representing the CEDEAO/ECOWAS (Economic Community of West African States), to […]

Commercial International Bank Egypt completes acquisition of Kenya’s Mayfair CIB in $40mln deal

Commercial International Bank Egypt (CIB) is set to proceed with the complete takeover of Kenya’s Mayfair CIB, after obtaining approvals from authorities, in a deal valued at $40 million. The Central Bank of Egypt (CBE) and the Central Bank of Kenya (CBK) have just granted their consent for CIB to acquire the remaining 49% of […]

EU seeks to protect its ties in Africa amid growing geopolitical rivalry with China and Russia

The European Union is confronting significant challenges in maintaining its long-standing ties with Africa, as it faces rising competition from China and Russia in the region, according to experts. While the EU has been Africa’s biggest export market for years, it has lost ground to these emerging powers, particularly in trade and security. In recent […]