green energy

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 […]

Tunisian Syphax Airlines, TUI-Russia ink deal

Tunisian private airline Syphax Airlines will fly to the North African country 50,000 Russian holidaymakers next year following an agreement with Russian tour operator TUI-Russia. Per the agreement, Syphax Airlines will use Moscow International airport and its services. Russian authorities have allowed tour operators to resume flying Russian tourists to Tunisia and several other countries […]

Libya: Qatar’s QNB sells shares in Bank of Commerce & Development

Qatar’s National Bank (QNB) has relinquished its shares in Libya’s largest private bank, Bank of Commerce & Development. Bank of Commerce & Development in statement said it bought QNB’s equities, 49 per cent, Libya Observer reported. Libyan investors acquired the equities, according to the bank. QNB announced six months ago it was pulling out of […]