• Dubai’s Mashreq Wants To Buy Citigroup’s Egypt Retail Business

    By Staff, 11:00 am

    From Reuters Mashreq, Dubai’s third-biggest lender by assets, is interested in acquiring Citigroup’s Egyptian retail business, Mashreq’s chief executive said on Sunday. The bank is holding talks with Citi on the matter, Abdul Aziz al-Ghurair told reporters. Mashreq, which already has 10 branches in Egypt, was one of 10 bidders for the U.S. bank’s consumer […]

  • Egypt Film Legend Faten Hamama Dies, Aged 83

    By Staff, 9:00 am

    From BBC Faten Hamama, one of Egypt’s best-known actresses, has died, aged 83. An Arab film icon, she was only a child when she made her screen debut. She went on to appear in almost 100 films. Ms Hamama was the former wife of Egyptian actor Omar Sharif. They were married for nearly 20 years […]

  • Egypt Plans To Open Rafah Crossing To Gaza Strip For 3 Days

    By Staff, 7:00 pm

    From Ma’an News Egypt has decided to open the Rafah crossing between Egypt and the Gaza Strip in both directions for three days starting Tuesday, the Embassy of Palestine in Cairo said Sunday. The embassy said that the decision came at the request of Palestinian President Mahmoud Abbas during his recent visit to Cairo. The […]

  • Djibouti: Turkish President Makes First Official Visit To The Horn Of Africa

    By Staff, 6:00 pm

    From GeeskaAfrika Public diplomacy and Regional Security and safety news. Turkish president Recep Tayyip Erdoğan to pay new year’s first visits to Ethiopia, Djibouti and Mogadishu, Somalia. Turkish President Erdoğan will pay consecutive official visits to Ethiopia, Djibouti and Somalia later this month, January 2015, marking his first official visits this year. A large delegation […]

  • University Of Cape Verde On List Of 100 Best Colleges In Africa

    By Staff, 5:00 pm

    From Asemana The University of Cape Verde (Uni-CV) comes in 79th place among Africa’s best universities, according to After School Africa’s “Top 100 Universities in Africa” list. The ranking classifying the continent’s best institutions of higher learning is headed by South Africa, with three colleges at the top of the list – Cape Town (in […]

  • Cabo Verde And Guinea-Bissau Boost Bilateral Relations

    By Staff, 4:00 pm

    From Macuau Hub The governments of Cabo Verde (Cape Verde) and Guinea-Bissau  in Praia signed a memorandum of understanding to strengthen bilateral relations in the reform of public administration, especially in the area of e-governance. The document, signed by the Minister of the Presidency of the Council of Ministers of Cabo Verde, Démis Lobo Almeida, […]

  • As Election Nears Burundi Government Cracks Down On Opposition

    By Staff, 3:00 pm

    From AlJazeera Burundi has sentenced a top opposition chief to five years in prison for bribery and arrested another for having links to a rebel group, according to opposition leaders. Action against the two leaders in the central African country came amid growing fears of the risk of violence ahead of elections, with a string of […]

  • Angélique Kidjo Visits Out-Of-School Children In Benin

    By Staff, 2:00 pm

    From UNICEF On her most recent visit to Benin, long-time UNICEF Goodwill Ambassador Angélique Kidjo shined light on the issue of children who do not have the benefit of formal education. Kidjo, who is deeply committed to the rights of children, called on political actors and civil society to guarantee children currently not in school […]

  • As Oil Slump Affects Economy Angola Appoints New Bank Governor

    By Staff, 1:00 pm

    From Bloomberg/Written by By Colin McClelland and Manuel Soque Angola named former Finance Minister Jose Pedro De Morais as governor of the central bank, seeking to reassure markets as oil prices plummet. Morais, 59, took over as head of the Banco Nacional de Angola from Jose De Lima Massano, Amelia Borja, media director at the […]

  • The Changing Business Lending To Women In Africa

    By Staff, 10:00 am

    From Forbes/Written by Geri Stengel   A vast majority — 85 percent — of micro through medium size enterprises in emerging markets suffer from a lack of access to credit, according to the International Finance Corporation and McKinsey. When an African female entrepreneur can’t borrow money, she must rely on her own limited savings to […]