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Egypt: Approval of IMF recommendation for bigger role of private sector
Egypt’s President Abdel Fattah al-Sisi on Thursday approved a document outlining 62 economic activities the state will withdraw from and turn over to the private sector, a cabinet statement said. The document’s approval was required by the International Monetary Fund, which this month approved a $3 billion financial support package for Egypt. The statement said […]
South Africa’s Sanlam Completes Acquisition of Moroccan Insurer Saham
South African financial services company has strengthened its foothold as Africa’s largest insurance firm with the completion of the $1.1 billion purchase of Morocco’s Saham Finances SA after regulators approved the deal. The acquisition, which was sealed on October 9 and has entered into force on October 11, will help Sanlam boost presence in 33 […]
Libya: UN fact-finding mission pledges “Zero Impunity” for perpetrators of violations
The Independent Fact-Finding Mission to Libya (FFML) will hold all those who committed crimes and human rights violations in Libya accountable, said chair of the UN mission Mohamed Aujjar. Addressing the Human Rights Council convening in Geneva, the FFML chief said that by setting up this mission, the HRC has sent an important signal […]



