International Finance Corporation (IFC) will invest 12.18 billion shillings ($100 million) in Nairobi-listed Diamond Trust Bank (DTB) to support small and medium enterprises (SMEs) impacted by Covid-19, Zawya reports, citing Kenyan Wall Street newspaper. The investment will be in senior debt under its Covid-19 emergency response working capital solutions scheme (WCS FIGE). IFC initiated the […]
The Russian president Vladimir Putin has decided to lift the ban imposed on arms sales and exportations to Iran for its nuclear program, prompting anger of Washington and several Middle-eastern countries. President Putin signed Monday an executive order cancelling the ban imposed on Iran, paving the way for the delivery of Russian weaponry to Teheran […]
The head of Mali’s military junta and the Russian leader were reported to have discussed on the phone security and economic relations between the two countries, just as a new report has highlighted the growing anti-French sentiments in French-speaking Africa that has spread beyond educated urban elites, arguing that the phenomenon could “take lasting root. […]
