Ship in Mediterranean

Three Egyptian banks to launch $83m fintech fund

Three Egyptian banks, including Banque du Caire, will launch this month a fintech fund estimated at around $83 million amid increase in investment in Egypt’s fintech industry. Banque du Caire is joined by National Bank of Egypt (NBE) and Banque Misr to carry out the initiative, Rasha Negm, Assistant Sub-Governor Information Technology at NBE indicated. […]

Equatorial Guinea: Manuel Osa Nsue Nsua appointed new Prime Minister

Equatorial Guinea has a new Prime Minister. President Teodoro Obiang Nguema appointed Central Bank Director Manuel Osa Nsue Nsua on August 17, according to a decree issued almost three weeks after the resignation of the previous government, which he had deemed “ineffective”. A young banker to manage the government, that’s the choice of the president […]

Turkmenistan: Moroccan Autonomy Plan, only solution to Sahara conflict

The government of Turkmenistan has expressed its firm support to the autonomy plan offered by Morocco for a lasting settlement of the Sahara conflict, saying this realistic plan, backed by the international community, is the only solution to this regional conflict. This stand was voiced by the foreign minister of this Central Asian country Rachid […]