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Three Egyptian banks to launch $83m fintech fund
Three Egyptian banks, including Banque du Caire, will launch this month a fintech fund estimated at around $83 million amid increase in investment in Egypt’s fintech industry. Banque du Caire is joined by National Bank of Egypt (NBE) and Banque Misr to carry out the initiative, Rasha Negm, Assistant Sub-Governor Information Technology at NBE indicated. […]
ECJ’s political bias emboldens separatism in north Africa
The European Court of Justice has delivered a ruling stating that the EU trade deals with Morocco are invalid because they covered goods from the Sahara territory, in a verdict that emboldens separatism and undermines ties between the EU and its most stable partner in the southern Mediterranean. The ruling was more of a political […]
Tunisia bans crew of sunk tanker to leave pending investigations
A Tunisian court has banned the crew of the vessel which sank last Saturday in the Gulf of Gabes, with 750 tons of diesel fuel in its tanks, to leave amid ongoing investigations. Mohamed Karray, the spokesperson of Gabes Court of First Instance, Wednesday told local radio Mosaique fm that authorities have detained skipper Georgian, […]



