libya

Egypt: Beltone and Madkour Group sign $8.21mln leasing and factoring agreement

Beltone Holding announced that its subsidiary, Beltone Leasing and Factoring, has signed a leasing and factoring agreement with Madkour Group, totaling EGP 400 million. The agreement includes a sale and leaseback arrangement for Madkour Group’s administrative unit assets at the “Zizinia” project in New Cairo, valued at EGP 300 million. Additionally, it provides EGP 100 […]

Constitutional challenge looms over presidential ranch scandal

South Africa’s Constitutional Court faces increasing pressure to address impropriety allegations against President Cyril Ramaphosa. Opposition parties demand reinstatement of impeachment proceedings regarding substantial foreign currency discovered at his private ranch, an incident that reignited debates about governmental transparency and accountability. The Economic Freedom Fighters and African Transformation Movement seek judicial intervention to override a […]

Ukraine to top agenda of EBRD meeting in Marrakech

The European Bank for Reconstruction and Development is holding its first in-person annual meetings since 2019 in Marrakech with the war in Ukraine expected to dominate discussions. The event will bring together representatives from the Bank’s 73 country and institutional shareholders on May 10-12. King Mohammed VI has given his high patronage to the EBRD’s […]