Libya Refuses Egypt Entry Into Market

Despite the surging interest, Libya continues to close its door to foreign banks on the basis that the legal framework is still under preparation. One of the latest banks to have its request rejected on numerous occasions by the Libyan Monetary Authority (LMA) is the National Bank of Egypt (NBE) according to reports. The NBE […]

Cyprus, Egypt, Greece to Reinforce Maritime Security Cooperation

The defense ministers of Egypt, Cyprus and Greece vowed to step up cooperation in combating drug, weapons and human trafficking in the East Mediterranean and to share information on countering the threat of terrorism. The Ministers also announced the setting up of a coordinating body to oversee joint special forces drills geared toward protecting vital […]

US-Africa Business Summit: African leaders call for renewal of trade deal with US

Over 1,000 participants from the United States and across the African continent, including government officials, private sector executives, investors, and multilateral stakeholders, have gathered for the 15th US-Africa Business Summit held in Botswana’s capital city of Gaborone to explore investment opportunities and strengthen business relationships between both sides. The summit, held under the theme ‘Enhancing […]