Commercial International Bank Egypt (CIB) is set to proceed with the complete takeover of Kenya’s Mayfair CIB, after obtaining approvals from authorities, in a deal valued at $40 million. The Central Bank of Egypt (CBE) and the Central Bank of Kenya (CBK) have just granted their consent for CIB to acquire the remaining 49% of […]
The European Union is determined to play a new role to bring peace between Israelis and Palestinians after it concluded successfully with Iran an “impossible deal”. Chief of EU Foreign Policy Federica Mogherini announced on Monday the creation of an “International Support Group”. European leaders are convinced that if a deal could be reached with […]
In Cameroon, polls closed on Sunday in an election overshadowed by a partial opposition boycott and separatist violence that displaced hundreds of thousands in the region. The elections were the first in seven years after two postponements and reports indicate a poor turnout. The main opposition party, the Movement for the Rebirth of Cameroon (MRC), […]
