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).

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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.

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