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France’s AFD to inject €100m in wholesale market project in Egypt
France’s development agency AFD will pump €100 million into the establishment and management of a wholesale market in Egypt next year. The market will be built in Borg el-Arab; industrial city in the governorate of Alexandria, Arab Finance reports, quoting Minister of Supply Ali Al-Muselhi. A joint Egyptian-French company will be set up to manage […]
Egypt: Central bank governor resigns amidst economic crisis, declining currency
Egypt’s central bank governor, Tareq Amer, resigned on Wednesday amid the country’s ongoing economic crisis and the Egyptian President accepted his resignation, according to several press reports. Amer had been at the helm of the central bank since 2015, and was due to hold the position for another year. The resignation comes amidst a severe […]
Mali’s Premier warns of ECOWAS’s dislocation if intervention in Niger goes ahead
Choguel Kokalla Maiga, the Prime minister of Mali’s transitional government, posited Monday August 21 that the Economic Community of West African States (ECOWAS) will stop existing if it invades Niger, currently ruled by a junta which deposed the elected President Mohamed Bazoum on July 26. “If ECOWAS starts a war in Niger, it will cease […]



