The Public Investment Fund (PIF) of Saudi Arabia launched the Saudi-Egyptian Investment Company (SEIC) that will invest in swathes of Egypt’s economy from infrastructure and real estate to pharmaceuticals. The fund in a statement said SEIC is interested in the country’s promising sectors including infrastructure, real estate development, healthcare, financial services, food and agriculture, manufacturing, […]
The European Investment Bank offered a €200 million loan to Morocco’s Credit Agricole to support funding for agricultural f projects. The loan aims to promote bio-agriculture and support the agriculture ministry’s “Green Generation 2020,” the two banks said in a statement. The new financing will benefit agriculture supply chains including production, storage, logistics, packaging, transformation […]
Algeria, which had persecuted, chased and driven back manu-militari thousands of sub-Saharan migrants, is now mistreating Yemeni refugees who fled the war in their country. According to the human rights watchdog Amnesty International, Algerian authorities are holding seven Yemeni asylum seekers in “harsh and unsafe conditions” in a prison in Algiers and are threatening them […]
