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Egypt: Launch of Erada microfinance to provide financial services to SMEs
The Sovereign Fund of Egypt (TSFE) and Etisalat Egypt have launched Erada Microfinance to provide access to a wide range of financial services to micro and small enterprises (MSEs). Erada uses financial technology (FinTech) and provides access to a diversified set of innovative financial products for MSEs to expand their businesses, Mubasher.info reports. The partnership, […]
Qatar 2022 World Cup: Benin President calls for following Moroccan model
The President of Benin, Patrice Talon, noted that only a few African countries have been carrying the torch at the continental and global levels for some time, citing the case of Morocco at the World Cup (Qatar-2022). The Moroccan team’s performances “are the result of work that has been done over time,” he said. President […]
Algeria: State-Owned IMETAL Takes over ArcelorMittal’s Shares in Three Companies
Algerian public company IMETAL specialized in metal work and steel industry took control on Sunday of shares of Indian giant ArcelorMittal in ArcelorMittal Algérie (AMA,) ArcelorMittal Pipes and Tubes Algeria (AMPTA) and ArcelorMittal Tebessa (AMT,) reports say. The deal has been in the pipeline since October last year. The Indian giant controlled 49 per cent […]



