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Libya Refuses Egypt Entry Into Market
Despite the surging interest, Libya continues to close its door to foreign banks on the basis that the legal framework is still under preparation. One of the latest banks to have its request rejected on numerous occasions by the Libyan Monetary Authority (LMA) is the National Bank of Egypt (NBE) according to reports. The NBE […]
Japan grants Burkina Faso $1.3m for road maintenance
Japan’s international Cooperation Agency, JICA, has provided Burkina Faso with $1.3 million destined to finance acquisition of equipment to be used in the maintenance of roads in the West African country. Burkina Faso’s top diplomat Karamoko Jean-Marie Traore signed the grant deal with JICA local resident Keiichi Okitsu. Traore said that the agreement will give […]
AfDB approves €270 million loan to modernize Morocco’s airports
The African Development Bank has approved a €270 million loan to Morocco to finance an ambitious program to expand and modernize the country’s airport infrastructure as it prepares for a surge in tourism and for the 2030 World Cup. The project, known as the Airport Infrastructure Extension and Modernization Program (PEMIA), aims to boost Morocco’s […]



