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Global commerce is poised to reach a historic milestone in 2025, with trade volumes expected to hit $35 trillion according to the United Nations Conference on Trade and Development (UNCTAD). Africa’s export growth ranks second only to East Asia, positioning Morocco as one of few African nations capable of fully capitalizing on this expansion. The […]
Commercial International Bank Egypt completes acquisition of Kenya’s Mayfair CIB in $40mln deal
Commercial International Bank Egypt (CIB) is set to proceed with the complete takeover of Kenya’s Mayfair CIB, after obtaining approvals from authorities, in a deal valued at $40 million. The Central Bank of Egypt (CBE) and the Central Bank of Kenya (CBK) have just granted their consent for CIB to acquire the remaining 49% of […]
Algeria’s diplomatic fiasco under Attaf
Algeria’s impulsive military-guided diplomacy has sown wind and reaped whirlwind. The newly appointed foreign minister Ahmed Attaf has returned empty handed from Germany and Serbia to mention but a few trips in which he failed to win support for the separatist polisario front. Soon after his visit to Germany and Serbia where he met their […]



