Africa CEO Forum

Tunisia’s PM Fires Energy Minister over Graft

Tunisian Prime Minister Youssef Chahed dismissed his energy minister Khalid Kaddour who is facing a corruption probe, the Premier’s office said. Kaddour was dismissed less than a year after his appointment in September 2017 in a move that will trigger other sackings. Kaddour will stand before justice in November over allegations of “administrative and financial […]

Egypt’s Commercial International Bank gets $150m loan from EBRD to cushion against economic risks

Commercial International Bank or CIB, one of Egypt’s leading private banks, has signed up for a $150 million loan from the European Bank for Reconstruction and Development (EBRD) to cushion against economic risks, a bourse statement said. Per the statement, the loan has a maturity of 10 years and will be used to optimize the […]

Libya: UN suspends political dialogue indefinitely

The UN Support Mission in Libya (UNSMIL) has indefinitely suspended the Libyan political dialogue that was supposed to begin on 5 January. This is the third time the dialogue has been postponed. Fighting between the different warring factions in the North African country still continues. According to the spokesperson of the outgoing General National Congress, […]