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EU earmarks €80 million to improve disasters management in Africa
The European Union has earmarked €80 million to improve the resilience of several African countries to extreme weather hazards, including floods and droughts. Angola, Botswana, Ghana, Tanzania, Zambia are among the recipients of the EU financial support. The program is being implemented in Africa by four partners namely the African Union Commission (AUC), […]
Libya: Sarkozy rejects receiving €50m from Gaddafi to finance the 2007 elections
Former French President and 2017 presidential candidate Nicolas Sarkozy has dismissed claims by French and Lebanese businessman Ziad Takieddine who underlined that the French politician received 50 million Euros from the former Libyan ruler for his 2007 presidential campaign. Takieddine, in a video-taped interview published by French investigative website Mediapart, repeated that he gave three […]
Egypt: reforming the financial sector before 2014
Chairman Sherif Samy of the Egyptian Financial Supervisory Authority (EFSA) has stated that the financial sector will be revised before the end of the year in order to ease and fasten the transactions. Capital markets in Egypt suffered deeply from the revolution which began in 2011 forcing several foreign portfolio managers to withdraw their money […]



