The African Development Bank has signed a $50 million risk participation agreement, APR, with investment and corporate bank Natixis. The 50/50 risk-sharing agreement covers a portfolio of commercial transactions totaling $100 million, which will support commercial operations worth $600 million in Africa over the next three years, said the African financial institution in a press […]
The Egyptian interim leader Adly Mansour, has appointed Hazem El Beblawi as Egypt’s new Prime minister, after the democratically elected president Mohammed Morsi was ousted from office by the country’s army leaders. Presidential spokesman Ahmed El Moslamany announced in a statement that Mohamed El-Baradei is also appointed as Vice President responsible for foreign affairs in […]
Morocco has called, from Algiers, for the respect of states’ sovereignty and territorial integrity and for a joint Arab action, based on this principle. The call was launched by the Moroccan delegation taking part in the 38th Congress of the Arab Inter-Parliamentary Union (AIPU), held May 2-4 in the Algerian capital on the theme “The […]
