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IFC to invest $100m in Nairobi-listed Diamond Trust Bank to back SMEs hit by pandemic
International Finance Corporation (IFC) will invest 12.18 billion shillings ($100 million) in Nairobi-listed Diamond Trust Bank (DTB) to support small and medium enterprises (SMEs) impacted by Covid-19, Zawya reports, citing Kenyan Wall Street newspaper. The investment will be in senior debt under its Covid-19 emergency response working capital solutions scheme (WCS FIGE). IFC initiated the […]
After Merkel and Rouhani, Bouteflika fails to meet with Cazeneuve
After Angela Merkel and Hassan Rouhani, the Algerian leader has failed to meet up with French Premier Bernard Cazeneuve last Thursday though the French leader was scheduled to meet up with the ailing Algerian leader glued to a wheel-chair since 2013, reports say. The media and sources close to the Algerian presidency denied that President […]
Sudan’s military leader rules out pre-conflict reconciliation with paramilitary RSF
Any return to the pre-conflict status with the rival Rapid Support Forces (RSF) is off the table, Sudan’s Sovereign Council leader said during the country’s 69th independence anniversary, ruling out the paramilitary group’s reintegration into Sudanese society. Calling the RSF “murderers and criminals”, Al-Burhan blamed the militia for the widespread violence, starvation, and displacement faced […]



