Egypt: Deadline postponement affects NSGB

The decision of the regulator of the Egyptian market to push further the deadline of the sale of stakes of Qatar National Bank (QNB) has led to the slump of Egypt’s National Société Générale Bank (NSGB) and it has made an impact on the Cairo bourse while leaving the Gulf markets mixed in lackluster trading. […]

On the Trail of Saint-Exupéry: The Toulouse-Tarfaya Aerial Rally Reaches Morocco’s Deep South

The fifth edition of the Toulouse-Tarfaya Aerial Rally made its emblematic stopover at Tarfaya on Sunday, as 17 light aircraft carrying 43 participants from France, the Netherlands, and the United Kingdom completed one of the most evocative legs of a route that retraces the historic path of the French Aéropostale across the Iberian Peninsula and […]

Africa: AfDB disburses $500 million for renewable energy

The African Development Bank (AfDB) has approved a loan of $500 million for Africa’s electrification through renewable energy. The Energy Inclusion Facility (EIF) will distribute the loan among major project promoters and off-grid suppliers across the continent. According to the pan-African financial institution, $100 million will go to off-grid providers to enable them expand their […]