COVID-19-Iran: EU to channel €20 million in humanitarian aid

The European Union will send €20 million in humanitarian aid to Iran which is subject to US sanctions and struggling with the Coronavirus pandemic. The announcement came from the bloc’s foreign policy chief Josep Borrell in a video news conference on Monday. “We’ve not been able to provide a lot of humanitarian help but there […]

Morocco, Israel sign MoU on agricultural and water Cooperation

Morocco and Israel signed last week in Marrakech a Memorandum of Understanding (MoU) on the establishment of an agricultural technology project focusing on aquaponics. The agreement provides for the establishment of a center for agricultural studies. The institution is expected to serve as a hub for knowledge exchange and innovation in farming techniques, benefiting both […]

Angola’s first successful IPO may pave way for privatization of conglomerates

In a major development in Africa’s capital markets, Angola has launched its first initial public offering (IPO), which could lead to a slew of privatizations of some of the country’s biggest conglomerates. In June, Banco BAI, Angola’s largest private bank, floated a 10% stake following the country’s first initial public offering (IPO), viewed by observers […]