Bourita – amzazi – Ramid

EU Signs four Financial Guarantees to Unlock Investment in Africa, EU Neighborhood

The European Commission (EU) signed four guarantee agreements worth €216 million that will help unlock €2 billion to be invested in renewables, urban infrastructure and start-ups in Africa and the EU Neighborhood. The guarantees were signed with the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the German KfW Group and […]

Congo slams Societe Generale’s sale of its local branch to Vista Group

Authorities of Congo Brazzaville have rejected Societe Generale’s sale of its country subsidiary to Vista Group because the bank did not give it a right of first refusal, and wields legal action, Reuters reports. The Finance ministry of the central African country in a statement indicated that it was surprised by the announcement by SocGen […]

UN appeal for funds to save 30 million malnourished children

The United Nations on Thursday launched an appeal for funds to come to the aid “before it is too late” of 30 million children suffering from acute malnutrition in countries affected by the food crisis. “More than 30 million children in the 15 most seriously affected countries suffer from wasting – or acute malnutrition – […]