East Africa’s planned railway gets boost as four EAC states join the Kenya-Uganda project

Four East African Community (EAC) member states — Rwanda, Burundi, Democratic Republic of Congo (DRC) and South Sudan — have joined the joint project by Kenya and Uganda to develop a modern railway to ease movement of goods on the Northern Corridor. The decision was made during a meeting of the Joint Ministerial Committee on […]

EBRD Supports Tunisian SMEs with €5 Mln Loan

The EBRD is strengthening the competitiveness of small firms in Tunisia by increasing the availability of funds, with a €5 million loan to Compagnie Internationale de Leasing (CIL). Access to finance and liquidity constrain the growth of many private businesses in the country. Micro, small and medium-sized enterprises are the core of the Tunisian economy, […]

Chad’s top diplomat steps down citing repeated interferences from within cabinet

Chérif Mahamat Zène, Chad’s Foreign minister, submitted Monday his resignation to President Mahamat Idriss Deby, decrying repeated interference and encroachment on his mandate. “For several months, my commitment and my will to serve my country have been thwarted by parallel initiatives of members of your cabinet and government, undertaken without my knowledge and on your […]