Most Recent News

Egypt’s Banque MISR Receives $160m From The African Development Bank To Finance SMEs

Banque MISR, one of the largest banks in Egypt, has secured a loan of $160 million from the African Development Bank (AfDB) to help finance small and medium-sized enterprises (SMEs).

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Somalia licences first two foreign banks since 1970

The Central Bank of Somalia (CBS) has licenced the first two foreign lenders since 1970. Central Bank Governor Abdirahman Mohamed Abdullahi said Egypt’s Banque Misr and Turkey’s Ziraat Katli can.

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