Tunisia has received $700 million in credit facility from African Export–Import Bank known as Afreximbank. President Kais Saied, according to a statement by the state-run television, approved the credit line requested by the Central Bank of Tunis. The statement neither provided details on the period of the loan nor the interest rate. […]
The UN General Assembly on Thursday elected Kenya to fill an African seat on the Security Council in 2021-2022. Kenya will replace South Africa in January. The seat was viewed by another candidate, Djibouti, which lost in a second round of vote. In a departure from previous years when African countries used to choose a […]
The African Export-Import Bank (Afreximbank) has agreed to extend Egypt a $ 500 million credit line to support its trade projects and exports to other African countries. The deal was confirmed by the Egyptian Trade Minister Mounir Fakhry Abdel-Nour on the sidelines of the economic summit held earlier this week in the resort of Sharm […]
