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Over $ 26 Mln Boost for Private Equity Sector in Morocco & Tunisia
The private equity sector in Morocco and Tunisia has received a $ 26.1 million grant from the European Bank for Reconstruction & Development (EBRD) to support the development of the private equity market in two North African countries, rocked by the Arab Spring. The financial assistance will also serve to rev up equity funding for […]
Nigeria wins appeal in landmark ruling against Process & Industrial Developments
Nigeria no longer has to pay a multibillion-dollar fine over a failed gas project agreement with Process & Industrial Developments Ltd (P&ID), after a London High Court has ruled in favor of Abuja and its appeal over damages, thus bringing an end to the $11 billion lawsuit filed by P&ID against the federal government. An […]
Mali, Burkina Faso, Guinea distance from ECOWAS wielding intervention threat in Niger
Burkina Faso, Mali and Guinea dealt a blow to the Economic Community of West African States (ECOWAS) after they threw their support behind the junta in power in Niger despite the regional community’s threat for military intervention if deposed leader Mohamed Bazoum is not restored. A group of soldiers seized power in Niger Wednesday July […]



