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Paris Club creditors cancel $1.4Bln of Somalia’s debt
The Paris Club of creditor countries have agreed to restructure Somalia’s external public debt with an immediate cancellation of $1.4 billion. The decision cancels 67% of the debts owed to Paris Club by Somalia. Several of Somalia’s Paris Club creditors, including the United States, the UK and Norway, as well as the World Bank and […]
EIB Provides Morocco €365 Mln to Strengthen Road & Rail Networks for Better Connectivity
The European Investment Bank announced on Tuesday €365 million investments destined to boost Morocco’s transport sector, connectivity and economic opportunities. The new European Bank’s investments have been announced by EIB President Nadia Calviño during the working visit she is paying to the Kingdom. The EIB funding aims to strengthen the resilience and security of Morocco’s […]
At least 17 die in Nigeria school fire
A gruesome fire killed 17 pupils and injured others at an Islamic school in northern Nigeria. It is believed that the fire broke out in a nearby house on Tuesday night and spread to the school while the children, believed to be teenagers, were sleeping, the BBC reported. “Even if the firefighters had come on […]



