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Libya: Presidents of rival law bodies meet for the first time, demand postponement of GNA signing
The hoped-for meeting between heads of rival House of Representatives (HoR) and the National Congress (GNC) took place Wednesday in the Maltese capital with a joint statement calling for a delay in the signing if the Dialogue Accord and endorsement of the Government of National Accord. Head of Tobruk-based HoR, Ageela Saleh Gwaider eventually turned […]
Egypt’s CIB receives $250 million loans from IFC for multiple purposes including green projects
Egyptian private Commercial International Bank (CIB) indicated Sunday it received $250 million from the International Financial Corporation (IFC) in form of multiple loans to be used to support its capital and fund green projects. The first loan has a value of $150 million and a 10-year term, including $90 million for the refinancing of outstanding […]
Nigeria’s naira plunges to record lows as citizens react to govt’s redesign plan
Nigeria’s currency, the naira, has dropped to a record low against the US dollar as Nigerians scramble to stockpile the greenback ahead of a redesign of naira notes. It has been just over a week since the Central Bank of Nigeria (CBN) announced its plan to redesign the country’s highest paper denominations – the 200-, […]



