Russian mobile operator Vimpelcom is trying to secure a US$4 billion loan in order to fund a merger with the Egyptian Orascom Telecom and the Italian Wind.
According to informed sources quoted by Reuters, US$2 billion of the loan will be devoted to (...)
Algeria announced a series of measures on Sunday that will give preferential treatment to domestic firms over foreign rivals, strengthening the energy exporter's trend towards economic nationalism.
As a result, a number of Egyptian firms operating (...)