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UK-based BII, African Guarantee Fund ink $75m pact to fund SMEs across Africa
UK-based finance institution British International Investment (BII) and the African Guarantee Fund (AGF) have signed a $75 million re-guarantee agreement for small and medium enterprises (SMEs) across Africa, Zawya reports. The fund, according to BII, will provide credit guarantees to partner financial institutions for up to 75% of the risk on SME loans, thus increasing […]
Europe: Pope Chides West for Trying to Impose Own View of Democracy to Iraq, Libya
Head of the Roman Catholic Church in an interview published Monday rebuked the West for trying to impose its own style of democracy in countries such as Libya, Iraq while ignoring long-established political and cultural structures. Pope Francis speaking to France-based Roman Catholic paper La Croix indicated that Western powers in their drive to export […]
CAS slaps Algeria’s football federation, worst yet to come
Bent on militarizing and politicizing sports, Algeria’s football federation FAF has reaped but slaps one after the other with the most recent blow being delt by the Court of Arbitration for Sport CAS in the Morocco map saga. CAS has rejected FAF’s request to suspend a decision by Africa’s football federation CAF which declared RS […]



