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EU Council Adopts Morocco-EU Fisheries Agreement
The Council of the European Union adopted Thursday (Nov.29) in Brussels the new fisheries agreement with Morocco, European sources said. The council’s move comes just one day after the Committee of Permanent Representatives in the EU, known by its French acronym COREPER, approved the new fisheries agreement. The agreement needs to be ratified by the […]
Ethiopia’s CBE in quest to retrieve $40 mln withdrawn during glitch
The Commercial Bank of Ethiopia (CBE), the biggest lender in the country, issued a deadline, asking people who have withdrawn or transferred money from the bank during the technical glitch to return the funds or face prosecution. Up to 40 million dollars have been withdrawn during the technical failure that took several hours to repair […]
Abraaj Capital and OPIC agree on joint venture
As Egypt works towards rejuvenating its economic activities through partnership and encouraging foreign investments, a joint venture was announced by US Deputy Secretary of State for Management and Resources, Thomas Nides, between one of the regions’ biggest investment institution in Egypt, Abraaj Capital, and the US Overseas Private Investment Corporation (OPIC) with plans to invest […]



