hard currency

M23 rebels take DRC town near border with Uganda

Majority-tutsi armed group, M23 rebels, captured Ishasha, a border town in eastern Democratic Republic of the Congo near Uganda, dealing a blow to a fragile ceasefire between DRC and Rwanda. M23 entered the border town the same day a cease-fire between DRC and Rwanda was beginning. DRC accuses Rwanda of arming M23. The rebels have […]

Vivendi selling Maroc Telecom stakes

Stakes owned by Vivendi SA in Maroc Telecom are being sold as part of debt reduction plan by the former. The sale is estimated to generate more than $5billion. Two potential investment banks have already been contacted by Vivendi but political policies might make a deal hard to come by, the source added. Vivendi accounts […]

Egypt poised to  promote yachting tourism

Egypt’s Ministry of Transport will hold a Conference on Wednesday January 3 in the New Administrative Capital to explore ways to enhance the establishment of local and international marinas and boost yacht tourism in the North African country, Ahram Online reports. Investors and stakeholders in yacht tourism and marina construction, investors in coastal villages and […]