Italian Prime Minister Giorgia Meloni, whose Africa development plan has drawn criticism, has elevated the continent as a central theme and top priority at this year’s Group of Seven (G7) leaders’ meeting, positioning Italy as a key energy hub linking Europe with Africa. Africa is high on Italy’s agenda this year at the three-day G7 […]
Morocco’s Attijariwafa bank Group has officially taken over British Barclay’s Egypt branch, reports say. Attijariwafa bank Group, Morocco’s leading bank group, won the transaction after beating several global bank groups, among which Emirati NBD headquartered in Dubai. The transaction estimated at $400 million will enable the Moroccan financial institution to expand its already wide network […]
Negotiations have begun between E-Finance, an electronic payment company, and several other Egyptian banks for the availability of Automated Clearing House (ACH) services in their institutions. The ACH are believed to boost bank transactions. The banks involved are Blom Bank Egypt, Crédit Agricole Egypt, Arab Bank, National Société Générale Bank, Arab Banking Corporation and Commercial […]
