African diaspora is in need of urgent action to reduce the cost of remittances, an instrumental source of investment and a key factor in reducing poverty in the continent, said participants at an African meeting in Rabat. There are some 150 million Africans living outside the continent with remittances estimated at 100 billion dollars in […]
Algeria has reportedly rejected proposals to reopen the Maghreb-Europe Gas Pipeline (GME), despite months of lobbying by several European countries seeking to restore flows toward Spain, the Washington-based energy outlet Attaqa said. According to Attaqa, later echoed by Spanish media, Algiers dismissed multiple attempts to “test the waters” on resuming exports through the GME, which […]
Egypt’s Financial Regulatory Authority’s (FRA) has launched the country’s first gold investment and first ever minerals investment Fund. The fund is part of the FRA’s plans to support the government’s efforts to boost financial and investment inclusion and develop an inclusive non-banking financial sector with a catalytic role in enhancing the economy, Arab Finance reports. […]
