Egypt: Muslim Brotherhood clashes with security forces, Morsi encourages more actions

Clashes between supporters of the Muslim Brotherhood and security forces after the prayers of Eid al-fitr have left six people dead and at least 15 people arrested. Supporters of the banned organization assembled in the Talbiya and Nahia, neighborhoods of Giza which is part of greater Cairo, to stage a march but their project was […]

EU Signs four Financial Guarantees to Unlock Investment in Africa, EU Neighborhood

The European Commission (EU) signed four guarantee agreements worth €216 million that will help unlock €2 billion to be invested in renewables, urban infrastructure and start-ups in Africa and the EU Neighborhood. The guarantees were signed with the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the German KfW Group and […]

Morocco’s OCP secures a $350 million loan facility from Afreximbank

Morocco’s phosphate group, OCP, has secured a $350 million loan facility from the African Export-Import Bank (Afreximbank) that will support the Group’s expansion plans across Africa. The Pan-African multilateral EXIM Bank announced earlier this week the signing of the 7-year $350 million term loan facility to provide financing to OCP Group. The bank, through its […]