IMF

BMCE Bank International teams up with IFC to support inter-African trade

Morocco’s BMCE Bank International Plc UK has sealed a $150 million partnership with the International Finance Corporation to bolster cross-border trade in Africa and prevent shortages of essential goods, including grains and building materials amid the Covid-19 crisis. Under the agreement announced Wednesday, IFC will enter into a risk-sharing facility with BMCE Bank International, a […]

Tunisia: Australian company gets Chorbane agreement

ADX energy has made it public that Alpine oil and gas (it’s wholly owned subsidiary), has concluded a definitive deal with Rift Basin International. The agreement between the two signatories will allow ADX to farm out a further 15% participating interest in its Chorbane exploration permit, onshore Tunisia, to Rift Basin International. According to the […]

Qatar’s Ooredoo appoints deputy CEO for Algeria branch

              Qatar-owned telecommunication giant Ooredo Group Thursday announced the appointment of a deputy CEO for its branch in Algeria one week after CEO Nickolai Beckers was expelled over large scale layoff allegations. Bassam Yousef Al Ibrahim, the Doha-based organization said in a statement, will take office from March 1st. […]