Canada’s development financial institution, Findev Canada, has approved recently a €20mln loan to the West African Development Bank destined to boost agri-food and renewable energy in West Africa. The loan is the very first agreement between the Canadian financial institution and the West African Development Bank. It will increase financing for agri-food businesses and the […]
Fighting between Libya’s two rival governments continues and efforts to end it have still proven unsuccessful but the two parties have decided to unite behind the Libyan Investment Authority (LIA) in its battle in court against Goldman Sachs and Société Générale. Delegates of the Tobruk and Tripoli governments agreed in Berlin on Thursday to forgo […]
Ismail Serageldin, the director of the Bibliotheca Alexandrina, is being sued for squandering public funds after library staff accused him of abuse of power claiming he unfairly appointed advisors and gave them huge salaries. He was also accused of embezzling donations destined to the library and illegally transferring them to a bank account controlled by […]
