adouls

Afreximbank poised to help Senegal raise $500m

The African Export-Import Bank (Afreximbank) is in advanced discussion with Senegal’s oil refiner to raise $500 million in syndicated finance, a senior official of the bank told Reuters. The funds will be used to upgrade the company’s old refinery. Société Africaine de Raffinage (SAR), is the oldest refinery of West Africa. The company has recently […]

Russia-Egypt: al-Sissi pays third visit to Moscow in just a year

Egyptian President al-Sissi is due to meet his Russian counterpart Vladimir Putin in Moscow next week to bolster cooperation between the two countries, Egyptian official sources indicated Thursday. This will be al-Sissi’s third trip since his election as president in June 2014. He first visited Russia in August last year, and returned to Moscow last […]

Egypt Urges Swift Move to Second Phase of Gaza Peace Deal in Call with US Secretary of State

Egypt’s Foreign Minister Badr Abdelatty, on December 9, called for an immediate transition to the second phase of the Gaza peace agreement signed in Sharm El-Sheikh in last October. In a phone discussion with US Secretary of State Marco Rubio, he emphasized the urgency of forming a Palestinian technocratic committee to administer the Strip and […]