IMF

Telecom: France’s Orange eyes Ethiopia’s 100m-strong market

France’s leading telecommunications company Orange is eying an investment in the sector in Ethiopia. Orange is one of the leading contenders seeking to benefit from the end of state-controlled Ethio Telecom’s monopoly, pushed by Prime Minister Abiy Ahmed. According to Reuters, the Ethiopian government aims to award telecom licenses by the end of 2019, with […]

Egypt, Georgia ink agreement to promote investment cooperation

The General Authority for Investment and Free Zones’ (GAFI) CEO Hossam Haiba and CEO of Enterprise Georgia Mikheil Khidureli have signed a memorandum of understanding (MoU) to enhance investment cooperation between the two countries, the Egyptian side said in a statement on Monday. Enterprise Georgia is the corporate body responsible for promoting Georgian investment and […]

France offers Morocco a loan worth €781 million for Purchase of 18 high-speed trains

France has offered Morocco 781 million euros to purchase 18 high-speed trains made by Alstom, as the country develops its rail networks in preparation for the 2030 World Cup. The deal is part of the 168 trains Moroccan operator ONCF said it picked as it expands the high-speed train network south to Marrakech while extending […]