Morocco’s Mohammed VI Investment Fund and Moroccan banks (GPBM) signed a deal to allow private investors access to subordinated debt. The fund said it will allocate 4 billion dirhams to this financing mechanism that will be available starting from April. The new launched subordinated debt targets enterprises with a capitalization of 5 to 500 million […]
The Egyptian Foreign Ministry indicated Monday 12 tourists among whom 2 Mexicans have been killed by army fire after they were mistaken for jihadists in Western desert, near the Libyan border. The tourists’ convoy made of 4 four-wheel cars was fired at by army and police forces which were hunting IS fighter in the desert. […]
A wave of public outrage has erupted across Nigeria as leading telecom providers MTN and Airtel implement steep data price increases amid mounting economic challenges. MTN, the country’s largest network operator, has tripled its popular 15GB weekly bundle price from 2,000 to 6,000 naira, sparking fierce criticism from subscribers already grappling with soaring living costs. […]
