Algeria (2)

Africa’s recovery and future will take center stage at IMF-WB meeting in Marrakech

There will be “a very strong focus on the African continent” during the annual meeting of the World Bank Group (WB) and the International Monetary Fund (IMF) in Morocco, in October, IMF’s chief said in a recent interview with CNN, adding that the timing is ripe as countries on the continent grapple with sluggish growth, […]

Côte d’Ivoire: Ex-Credit Suisse chief Tidjane Thiam enters presidential race

Former international banker and Credit Suisse CEO Tidjane Thiam has officially declared his candidacy for Côte d’Ivoire’s upcoming presidential election, marking a dramatic return to national politics after more than two decades abroad. The 62-year-old former elite banker was confirmed as the presidential candidate for the opposition Democratic Party of Côte d’Ivoire (PDCI), winning 99.5% […]

EBRD supports Egypt with €183m to help generate 1.3 GW of renewables

The European Bank for Reconstruction and Development (EBRD) will support the Egyptian Electricity Transmission Company (EETC) with $183 million to finance the modernization of the electricity grid by injecting renewable energy and strengthen the transmission network in the country. The EBRD funds will facilitate the integration of 1.3 GW of new renewable energy into the […]