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Refugee crisis: “We need free money to handle influx of refugees, not loans,” Lebanese official
Top official of the Lebanese Ministry of Finance warned that the country may collapse if the international community does not assist economically countries taking in refugees. “The support has to be through grants. It cannot be loans,” said Alain Bifani, director general of the Lebanese finance ministry. “As long as we can, we will turn […]
Egypt mulls plans to produce local Covid-19 vaccine
Egypt is planning the production of a new Egyptian jab “EgyVax” in collaboration with private sector player Eva Pharma, the Supreme Council of Universities, and the Agriculture Research Center, the ministry of Higher Education and Scientific Research said in a statement. The Supreme Council of University Hospitals, the Center for Agricultural Research, and Eva Pharma […]
COVID-19: African diaspora’s remittances to drop in 2020
The coronavirus pandemic and its economic consequences in host countries will have a negative impact on migrants’ money transfers to Africa, which are expected to fall sharply in 2020, according to World Bank experts. The COVID-19 pandemic is a blow to the economy of the countries on the African Continent, the experts say. In 2019, […]



