EBRD

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 […]

Mauritania: Government Accused of Institutionalized Racism

Human rights groups in Mauritania have accused the Government of institutionalized racism after it appeared that the executive body prevented a youth soccer team from attending a tournament in Qatar because they were “slaves.” The Mauritanian Observatory for Human Rights (MOHR) Tuesday called on the Government to launch a probe into the refusal by authorities […]

Tunisia: Essebsi resigns from party, Algeria high on diplomatic agenda

President Essebsi is getting ready to serve as the country’s next president by resigning from the party that he has formed after the 2011 elections. He believes that continuing to be a member of the Nida Touness party will affect his duties as the president of all Tunisians. Discussions to form a government will soon […]