IMF loans Burkina Faso $80.7m to address global food crisis impact

The International Monetary Fund (IMF) has loaned Burkina Faso $80.7 million to help the West African country surf the impact of the global food crisis. “Food insecurity in Burkina Faso has increased significantly owing to deteriorating security conditions, which led to the displacement of about 2 million people; unfavorable climate events; supply-chain disruptions following the […]

Inauguration of Morocco-funded emergency unit at Al-Makassed Hospital in Al-Quds

The Rabat-based Bayt Mal Al-Quds Asharif Agency has inaugurated in the Holy City of Al Quds the emergency vigilance, coordination and monitoring unit, funded by the Kingdom of Morocco. The opening of this unit, which is part of the Agency’s budget allocated this year to support the health sector, was supervised by the director in […]

Egyptian manufacturer to build 1,965 MW plants in UAE

The Egyptian El Sewedy Electric Co. SAE, through its subsidiary Elsewedy Power, has been awarded the construction of two power projects with a combined capacity of 1,965 MW in the United Arab Emirates. The implementation of these projects will be done in collaboration with other world-class energy entities such as Siemens, according to Ecofin News […]