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Uganda’s thriving financial sector ranked no.1 in East Africa
Uganda is running an economy with the most developed financial sector in East Africa, which is only the latest feat that depicts a major milestone in the country’s race towards becoming a regional financial hub, with an eye to increased inflow of foreign direct investments, according to the latest study by the Official Monetary and […]
Morocco, “Partner for local democracy” of European Council
The Congress of Local and Regional Authorities of the Council of Europe decided Tuesday to grant Morocco the status of “Partner for local democracy” with this assembly of local and regional elected representatives from the Organization’s 47 member states. This decision was adopted with a large majority during the 36th Session of this Congress currently […]
Egypt-based online payment service Fawry denies connection with Silicon Valley Bank
Egypt’s leading e-payments solutions provider Fawry denied Monday any affiliation with Silicon Valley Bank (SVB), nor any of its subsidiaries, weeks after US authorities ordered the closure of SVB with the Federal Deposit Insurance Corporation (FDIC). The company in a press release also confirmed that it does not currently have any relationships with any bank […]



