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The brutal murder of Mohamed Ali Kibao, a senior member of Tanzania’s main opposition party Chadema, has sent shockwaves through the nation and drawn international condemnation. Kibao, 69, was kidnapped, severely beaten, and doused with acid in a horrific attack that has raised serious concerns about political violence in the country. President Samia Suluhu Hassan […]
EBRD supports Morocco’s manufacturing with €45.5 Mln funding
The European Bank for Reconstruction and Development (EBRD) announced on Wednesday a €45.5 million loan to Eczacıbaşı Consumer Products Maroc (ECP Maroc) to enable the Moroccan subsidiary of Turkish group Eczacıbaşı Consumer Products (ECP) to acquire Jeesr, a leading manufacturer of tissue paper products in Morocco. This is the Bank’s first cross-border acquisition financing package […]
Egypt: World Bank helping to create job opportunities
World Bank has pumped a quarter of a billion dollar in Egypt to create job opportunities. The money is channeled through labor-intensive projects with the objective of developing skills and easing the employment of people. Priority is being given to those in the poorest areas of the country such as Upper Egypt. The bank’s country […]



