Wafa assurance

Egypt: Journalist critical of state stabbed 4 times

A prominent Egyptian journalist critical of state and security authorities had been stabbed four times Friday by unknown men, reports say. Ahmed Gamal Zyada known for his attacks on the government was stabbed four times by two men as he was walking Friday night at a metro station in Giza. His brother Mohammed published on […]

AfDB urges improved African refining capacity to tap into vast mineral wealth

Africa needs developing industrial processing capacity to tap into its strategic mineral reserves, the African Development Bank (AfDB) said. In a detailed report dubbed, A Dozen Critical Minerals for Africa’s Inclusive Growth and Development, the development bank revealed stark imbalances. Despite 29% of global bauxite reserves, 64% of manganese, and 70% of cobalt production, Africa […]

EBRD Supports Egyptian Company Beyti With $44 Mln Loan

The European Bank for Reconstruction & Development (EBRD) announced Wednesday a $44 million loan for the Egyptian dairy and juice producer, Beyti. The money will enable the company to refinance existing short-term loans with a longer tenor loan more suitable for its investment and development phase. The EBRD loan will also help the Egyptian company […]