Rwandese Patriotic Front (RPF-Inkotanyi), the ruling party in Rwanda, re-elected Sunday country President Paul Kagame as its leader, ahead of the presidential polls to take place next year. An election at the party 16th congress gave Kagame overwhelming majority, with 2,999 votes, or 99.8% of the total votes, over his closest contender Abdulkarim Harelimana who […]
Debt restructuring efforts for Chad and Zambia could be completed by the end of the year, which would pave the way for more countries to seek help, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said. Speaking with civil society groups at the start of the annual IMF and World Bank meetings, Georgieva said a […]
Wafa Assurance, one of Morocco’s leading insurance companies, has launched a public takeover bid (OPA) worth 925 million dirhams or $100 million to acquire a controlling stake in Delta Insurance S.A.E., a prominent Egyptian insurer. The bid, filed with Egypt’s Financial Regulatory Authority (FRA) on June 10, targets at least an acquisition threshold of 51%, […]
