Commercial International Bank, CIB, of Egypt has secured $148 million from the African Development Bank (AfDB), in form of financial package earmarked to support Small and Medium Enterprises (SMEs) as well as trade amid a shortage of foreign currency in the North African country due to complex endogenous and exogenous macro-economic and geopolitical factors. Including […]
As many as 5 million tourists have so far visited Tunisia this year, Tourism Minister Mohamed Moez Belhassine announced Saturday August 5, with the figures representing 70 per cent increase compared to same period in 2022. The visits generated TND3.3 million ($1 billion) as of July, accounting for 55 per cent increase compared to last […]
Burkina Faso is setting a new Caisse de dépôt et d’Investissement, CDI-BF, assigned several tasks including financing of State’s major projects. The decision, “Sika Finance” reports, came during a cabinet meeting last week. The CDI-BF replaces Caisse des dépôts et consignations (CDC) created in 2017 and dismantled in 2022 for lack of results. The CDI-BF […]
