TALCAHUANO Chile

Egypt moves forward with privatization as Emirates NBD eyes Banque du Caire

Emirates NBD, the largest bank in Dubai by assets, has commenced due diligence on a potential acquisition of a stake in Banque du Caire, Egypt’s sixth-largest commercial bank. This acquisition is part of Egypt’s ongoing efforts to privatize state-owned businesses as the country seeks to raise up to $2.5 billion in its 2024-2025 fiscal year. […]

Winch Energy lights up 24 communities in Sierra Leone

Winch Energy Ltd, a global energy developer and technology integrator focusing on off-grid renewable power projects has announced that it has signed a contract with the Ministry of Energy in Sierra Leone to provide electricity to 24 towns and villages. The project that will be implemented in northern Sierra Leone through solar mini-grids is part […]

Libya seeks UN approval for weapons purchase

The Tobruk-based government has requested the U.N. Security Council’s authorization to import military equipment from Ukraine, Serbia and the Czech Republic, arguing that the weapons will help control Libya’s borders and fight the Islamic State militants and other extremists in the country. Libya has been under an arms embargo since 2011 and all military shipments […]