The European Bank for Reconstruction and Development (EBRD) has lent the National bank of Egypt (NBE) US$ 50 million to help and encourage Egyptian companies engage more in international trade operations. This trade credit line is the second part of a US $ 100 million facility, the first part of which comprised a US$ 50 […]
A French inter-ministerial Committee overseeing export of military equipment, CIEEMG, has vetoed the delivery of four AML90 armored vehicles to Gabon over fear that the equipment might be used to crackdown on protests during next year’s coming presidential elections, Africa Intelligence reports. The move, France-based media notes, came following pressure by Direction Afrique et océan […]
Commitments for Private Participation in Infrastructure (PPI) across 263 projects in Africa were worth $91.7 billion in 2022, a 23% increase from 2021, according to the World Bank’s latest data projection on investments, which demonstrates that infrastructure investments in low- and middle-income countries have started to recover. But in terms of “the total number of […]
