Tag: banking
Business Egypt Features Finance Headlines

Egypt’s Central Bank Raises Cash Withdrawal Limit and Extends Bank Hours Amid Telecom Disruptions

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The Central Bank of Egypt (CBE) has temporarily raised the daily cash withdrawal limit for individuals and businesses at bank branches from EGP 250,000 to EGP 500,000. This exceptional measure is intended to cushion the impact of ongoing telecommunications disruptions that have affected regular banking operations across the country. The CBE stated that the adjustment […]
Business Features Finance

Africa’s growing fintech sector transforms fin-services, but funding costs are obstacle — EIB report

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The number of fintech companies in Africa have almost tripled this year compared with 2020 as financial conditions across the continent ease, though funding costs are still an obstacle to further growth, according to a new report by the European Investment Bank (EIB). This progress is thanks to the improving access to finance for people […]
Africa Features Headlines International Morocco

Morocco Celebrates Africa’s Day and Its South-South Cooperation Policy

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Morocco celebrated on Thursday Africa’s Day and its solidarity south-south cooperation spearheaded by King Mohammed VI for the emergence of a New, strong, stable, unified and prosperous Africa upbeat over its future. In a keynote address, Foreign minister Nasser Bourita said under the Royal farsighted leadership, Morocco has made African integration and South-South cooperation cornerstone […]
Headlines Morocco

Zambia’s President Sees Promising Prospects for Ties with Morocco

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Ahead of the upcoming visit by King Mohammed VI to Lusaka, President of Zambia, Edgar Lungu, expressed strong will to boost ties with Morocco, several Zambian media outlets reported. “I do look forward to receiving His Majesty at the end of the week. I am confident we shall have fruitful discussions aimed at augmenting bilateral […]
Columns Opinions

Morocco’s African Policy, Unlocking the Continent’s Untapped Potential

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King Mohammed VI wound up on Thursday his official visit to Tanzania, second leg of his East-African tour that previously took him to Rwanda. The Sovereign was also due to visit Ethiopia, but this third and last leg of the tour in East Africa has been “postponed” and not canceled, as reported by some media […]
Headlines Tunisia

Tunisia: MEDEF France visits the country

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France is looking forward to increasing its presence in Tunisia as a delegation from the Movement of French enterprises (MEDEF) heads for a two day visit beginning on Wednesday. The delegation of more than a hundred enterprises among them the president of the Chamber of Commerce and Industry International is headed by Jean Burelle, president […]