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IFC to invest $100m in Nairobi-listed Diamond Trust Bank to back SMEs hit by pandemic
International Finance Corporation (IFC) will invest 12.18 billion shillings ($100 million) in Nairobi-listed Diamond Trust Bank (DTB) to support small and medium enterprises (SMEs) impacted by Covid-19, Zawya reports, citing Kenyan Wall Street newspaper. The investment will be in senior debt under its Covid-19 emergency response working capital solutions scheme (WCS FIGE). IFC initiated the […]
Algeria’s security erodes as political system crumbles
Algeria is bracing for tough times characterized by uncertainty at the security, economic and political levels. The country’s economy remains heavily dependent on hydrocarbon exports, which saw a sharp decline after the oil price plunge combined with an opaque regime whose living-dead president is leaving question marks over who really runs the country. The return […]
Morocco turns African Cup of Nations into a nationwide festival with vibrant fan zones
Morocco’s AFCON 2025 is rapidly transforming into a national festival, well beyond the boundaries of its world-class stadiums, thanks to a network of fan zones designed to bring the tournament to every corner of the host cities. These zones are drawing thousands of supporters daily, offering free entry with a simple FAN ID from the Yalla […]



