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IFC to Expand Infrastructure Investment in Morocco, Tunisia

The International Finance Corporation (IFC), the World Bank’s private sector arm, said it plans to invest $373 million in Maghreb nations, mostly in Morocco and Tunisia as the two nations cut spending to reduce budget deficits. IFC investments in the region are designed to help the two North African governments form private-public partnerships to help […]

Egypt: boosting the economy

Egypt might be taking a new approach towards small and medium-sized enterprises (SMEs) in the economic sector after a report was submitted to the National Bank of Egypt (NBE). The report which was overseen by the deputy head of the small and medium-sized enterprises division, Saad Mohyeldeen, has proposed 10 suggestions. The most significant among […]

UN experts: Rwanda backing militarily M23 rebels in eastern Congo

There is “solid evidence“ that Rwandan troops have been fighting alongside the M23 rebel group in eastern Democratic Republic of Congo and providing it with weapons and support, according to a United Nations group of experts. Despite repeated denials by Kigali, there is “solid evidence” that Rwandan troops attacked soldiers inside DR of Congo and […]