DRC oil workers on strike

Portugal Freezes Assets of Angola’s Former First Daughter

Portugal has ordered a freeze on the bank accounts of the Angolan billionaire businesswoman Isabel dos Santos.   Isabel, the daughter of the former Angolan President José Eduardo dos Santos, is currently the subject of a criminal investigation in Angola.   The public prosecutor’s office in Lisbon confirmed reports that dozens of personal and corporate […]

Egypt signed Sunday a $1.5 billion Annual Work Program with the International

Egypt signed Sunday a $1.5 billion Annual Work Program with the International Islamic Trade Finance Corporation (ITFC), an autonomous entity within the Islamic Development Bank (IsDB) Group, to provide integrated financing solutions to the Arab country. Under the agreement, ITFC will deliver Egypt $1.5 billion integrated financing solutions, meant to enhance the country’s capacity to […]

EU provides Egypt €6m for irrigation projects

The European Union  has granted Egypt €6 million (EGP 111.21 million) for the financing of two irrigation projects, Arab Finance reports, citing the Egyptian state. The funds allocated under the EU-Joint Rural Development Program, will be used to rehabilitate the irrigation infrastructure in Egypt’s Fayoum and Minya governorates according to the Egyptian government. The EU-Joint […]