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Riyadh to fund Egypt’s version of NEOM city in South Sinai
Egypt and Saudi Arabia agreed Sunday to set up $10-billion joint fund for the development of the Egyptian side of NEOM city in the South of the Sinai restive Peninsula. The agreement took place in the presence of Saudi Crown Prince Mohamed bin Salman, or MBS, who is paying a three-day visit to Cairo. The […]
Burkina Faso: Coris Bank holding chairman elected President of Private Employers’ Council
Idrissa Nassa, the President of Coris Bank Group, one of Burkina Faso’s successful companies, has been elected new President of Le Conseil National du Patronat Burkinabe (CNPB), the country’s private employers’ council. The 59-year business tycoon beat rival and incumbent council’s President Apollinaire Compaoré, founder of Planor Afrique Group by 119 votes against 54. He […]
ECOWAS worried by Guinea Bissau’s escalating political crisis
The 15-nation Economic Community of West African States (ECOWAS) on Monday urged Guinea-Bissau’s army to remain neutral in the country’s deepening political struggle. The ECOWAS said it “firmly condemned” the latest developments in the country, which it was “following with great concern”. Those developments include the “successive investiture of two heads of state […]



