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Rwanda: Local Firms Sign Trade Deals With Moroccan Companies

trade

Local businesses have signed trade and partnership deals with Moroccan counterparts, further strengthening relations between the two countries. The deals were signed during a recent business trip to Casablanca, Morocco that was organised by Private Sector Federation (PSF) to link local firms with their Moroccan counterparts and explore new markets in the North African kingdom. Francine Havugimana, the PSF second ...

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Tunisia: Commission Approves Disbursement of €100 Million in Assistance to Tunisia

tunis

The European Commission, on behalf of the EU, has today approved the disbursement of a €100 million loan to Tunisia. This represents the third and last tranche of the €300 million Macro-Financial Assistance (MFA-I) programme to Tunisia, adopted in May 2014. The MFA-I programme is part of the EU’s comprehensive efforts to help Tunisia respond to the severe economic difficulties ...

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Egypt: China Agrees to Import Grapes From Egypt After 2 Years Negotiations

grape

The Egyptian authorities said on Thursday that China has agreed to import grapes from Egypt after two years of intense negotiations. The announcement was made by the Egyptian Agriculture Export Council in a press release. Citrus is also among the fruits being exported to China, it added. Negotiations are underway to allow more Egyptian agricultural products to be exported to ...

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Egypt Investment Bank Gets Brokerage Licence

hermes

Egypt-based investment bank EFG-Hermes has been licensed to operate a stockbroker unit in Kenya with an eye on an investment bank permit, targeting institutional and high net-worth investors from the Middle East. EFG had stated its intention to come into the Kenyan market earlier this year, later saying in June that its licence application with the Capital Markets Authority (CMA ...

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Egypt Wants More Trade With Zambia

egypt trade

Egyptian Foreign Affairs Minister Sameh Shoukry has said his country desires to increase trade and investments with Zambia. Speaking during a bilateral meeting with his Zambian counterpart Harry Kalaba in Addis Ababa, Ethiopia, on Saturday, Mr Shoukry said his country was looking for more investment opportunities in Zambia. He hailed the excellent relations existing between the two countries, and renewed ...

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Nigeria, Libya Oil Output Threaten Global Market

oil

The increase crude oil output by both Nigeria and Libya has posed a threat to the global market, even as there are indications that the global oil market may see some rebound in the second half of the year. International Energy Agency, IEA, Chief, Fatih Birol, told Reuters in an interview that the development is seen as a distortion to ...

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Algeria to Give Legal Status to African Migrants

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Algeria plans to grant residency rights and job permits to illegal African migrants amid a shortage of workers in farming and construction and after a surge in racist sentiment across the country. Prime Minister Abdelmadjid Tebboune’s plan follows the launch of an anonymous online campaign that blames African migrants for taking jobs and spreading the HIV virus that causes Aids. ...

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Nigeria, Libya Oil Output Threaten Global Market

oil

The increase crude oil output by both Nigeria and Libya has posed a threat to the global market, even as there are indications that the global oil market may see some rebound in the second half of the year. International Energy Agency, IEA, Chief, Fatih Birol, told Reuters in an interview that the development is seen as a distortion to ...

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Egypt Wants More Trade With Zambia

try

Egyptian Foreign Affairs Minister Sameh Shoukry has said his country desires to increase trade and investments with Zambia. Speaking during a bilateral meeting with his Zambian counterpart Harry Kalaba in Addis Ababa, Ethiopia, on Saturday, Mr Shoukry said his country was looking for more investment opportunities in Zambia. He hailed the excellent relations existing between the two countries, and renewed ...

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Ghana Business News