Libya-oil-refinery

Sudan: First Prime Minister Appointed by Army Chief since Conflict Started in 2023

Following months of consistent military advances against its paramilitary rival, Sudan’s army chief on Monday, May 19, named Kamil al-Taib Idris as the nation’s first Prime minister since the civil war broke out in the country two years ago. Gen. Abdel-Fattah Burhan, the head of the military, has long praised Kamil al-Taib Idris for taking […]

Egypt’s Central Bank, Vietnam’s SBV ink MoU to boost cooperation

The Central Bank of Egypt (CBE) has signed a memorandum of understanding (MoU) with the State Bank of Vietnam (SBV) to bolster joint cooperation, the office of Egyptian Prime Minister Mustafa Madbouly said in a statement, on Thursday July 27. Madbouly and his Vietnamese counterpart Tran Lu Quang witnessed the deal signed in the Egyptian […]

Africa’s growing fintech sector transforms fin-services, but funding costs are obstacle — EIB report

The number of fintech companies in Africa have almost tripled this year compared with 2020 as financial conditions across the continent ease, though funding costs are still an obstacle to further growth, according to a new report by the European Investment Bank (EIB). This progress is thanks to the improving access to finance for people […]