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Egypt taps on IFC to advise on IPO program

Egypt signed Sunday a five-year agreement with the International Finance Corporation (IFC) to advise on its Initial Public Offering (IPO) program under which dozens of state-run companies will be listed on the stock market. The World Bank’s for the Empowerment of the Private Sector will act as a strategic advisor to the government for the […]

Tunisia: 14.8 Percent Investment Increase in Industrial Sector

Tunisia announced that investments in the industrial sector grew by 14.8 percent during the first nine months of the current year to 2,754.2 million dinars (MD) against 2,398.1 MD, during the same period in 2011. The number of investment projects totaled 3,032 (against 2,896 the previous year), recording an increase of 4.7 percent, reported l’Agence […]

 UN, AU stress primacy of Security Council on Peace & security matters in Africa

The United Nations Security Council and the African Union Peace and Security Council have reiterated the pre-eminence of the role of the Security Council on matters relating to peace, security and stability in Africa. Members of the two institutions, which held their 14th annual joint consultative meeting by videoconference Wednesday, stressed that when it comes […]