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Turkish Beko injects $100m in its projected plant in Egypt

Turkish major appliance and consumer electronics brand Beko indicated Thursday it has invested $100 million in the Egyptian market for their plant project. General Manager of Beko Egypt Umit Günel made the announcement in a press release. The company in December laid the foundation stone of its Beko Egypt factory. The plant is set to […]

Senegal: President’s brother resigns amid petro-scandal

Aliou Sall, the brother of Senegalese President Macky Sall on Monday announced his resignation from La Caisse des Depots et Consignations, a financial institution he has been leading since 2017, three weeks after he was accused in a BBC report of corruption in oil and gas deals. Opposition politicians and campaign groups in Senegal accused […]

German president’s apology for colonial-era killings in Tanzania, a welcome first step

During a visit to Tanzania, German President Frank Walter Steinmeier has asked the country and its people to forgive Germany’s colonial abuses under its colonial rule. Steinmeier’s move to ask for forgiveness from the descendants of hundreds of thousands of victims of violence committed by German colonial rulers more than a century ago has been […]