Volkswagen inks MoU with Ethiopian Government

After Kenya and Rwanda, the German car giant Volkswagen continues its expansion plan in East Africa. A Memorandum of Understanding (MoU) was signed on Monday by Thomas Schaefer, Head of the Volkswagen Sub-Saharan Africa Region, and the Commissioner of the Ethiopian Investment Commission (EIC), Abebe Abebayehu to deliver a joint vision for the development of […]

Tunisia: HRW Decries 75 Judges’ Dismissal as “Unfair, Arbitrary”

Human Rights Watch has decried the mass dismissal last May of 75 judges by the Tunisian Justice Minister, Noureddine Bhiri, as an “unfair” and “arbitrary” procedure that sets a disturbing precedent and deals a blow to judicial independence. “The dismissal of 75 judges by Tunisia’s justice minister was unfair and arbitrary. The firings set a […]

Egypt seeks to get $1.5bn loans before 2016

Egypt is seeking to get $1.5 billion loans from the World Bank and the African Development Bank as fears increase that the Egyptian pound would be devalued if the dwindling foreign currency reserves go below $15 billion. The country has been struggling since 2011 to stabilize its economy and finances shaken by the protests that […]