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Bank intermediation dominated Mauritanian banks’ activities in 2023

In 2023, banking intermediation was at the heart of Mauritanian banks’ operations, as they leveraged their deposit-taking and lending activities to support growth. According to the Central Bank of Mauritania’s 2023 annual report, this activity accounted for 65.1% of the banking sector’s total consolidated assets. Customer deposits at the 17 banks operating in the country […]

Siemens Wins € 100 Mln Contracts In Libya

German Siemens Company has won contracts worth 100 Million euro in Libya wherein the global energy corporation will provide services, carry out inspection and maintenance works in two power plants located in the cities of Khoms and Ruwais. These contracts, awarded by the General Electricity Company of Libya (GECOL), will enable Siemens to overhaul and […]

Tunisia: Political Deadlock Continues with PM-Designate’s Failure to Win Confidence Vote

The political deadlock in Tunisia is likely to go on for some time after the parliament on Friday rejected, in a confidence vote, the government formed by Prime Minister-designate Habib Jemli, an independent who had been proposed by Islamist Ennahda Party. The coalition government formed of independent lawmakers was rejected after over 12 hours of […]