Egypt is looking to attract $10 billion-foreign direct investments for the fiscal year 2022-2023, Arab Finance reports citing a report by the Ministry of Planning and Economic Development on the goals of the budget bill. The report says the government is also pursuing the creation of around 900,000 jobs annually to keep the unemployment rate […]
The European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) have launched lately a joint initiative to strengthen start-ups in North Africa. Commenting the joint move, EBRD Chief Operating Officer Jean-Marc Peterschmitt said: “we will adopt an integrated approach to increase our input and counter the challenges that early-stage tech start-ups […]
Despite the €600 million spent by the European Union on training security personnel in the Sahel, the countries in the region had “failed to bolster democracy,” the head of EU diplomacy Josep Borrell has admitted in the wake of a series of recent coups, the latest of which were in Niger and Gabon. Speaking at […]
