migrants

Morocco’s Attijariwafa Bank buys back $290 million of Gabon’s external debt

Attijariwafa Bank has conducted an early buyback of $290 million of Gabon’s external debt, in a transaction that will ease the debt burden in the country and foster its financial stability. The operation represents 50% of Gabon’s Eurobond. It was made by l’Union Gabonaise de Banque (UGB), the local subsidiary of Attijariwafa Bank. The operation […]

Egypt appoints first Coptic Christian to head the Supreme Constitutional Court

The Egyptian President Abdelfattah al-Sisi Wednesday named the country’s first coptic christian to head the Supreme Constitutional Court, the highest judicial body. The Egyptian leader picked Judge Boulos Fahmy, 65, from the five oldest of the court’s 15 sitting judges, as required by law, and is the 19th judge to preside over the court since […]

Botswana, De Beers ink new sales pact to continue diamond partnership

Botswana and mining company De Beers have announced, after years of negotiations, a new diamond sales deal that gives the South African country a bigger share of rough stones from their joint venture. Debswana, a joint venture between De Beers (a subsidiary of Anglo American, a UK-listed multinational mining company) and Botswana’s government, sells 75% […]