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Tigray conflict: EU sanctions Addis Ababa, suspends €90 million budget aid
The European Union has decided to sanction Addis Ababa over the crisis in the Tigray region by suspending the payment of a €90 million budget aid. The decision is part of the 27 European countries’ call for a cessation of hostilities. Concerned about the deteriorating humanitarian situation caused by the conflict in the Tigray region, […]
Fresh financing deal: Egypt gets $1.5 billion from ITFC to finance petroleum & basic commodities imports
The International Islamic Trade Finance Corporation (ITFC) will provide Egypt with $1.5 billion, a new financing agreement earmarked for imports of petroleum and basic commodities. Hani Sonbol, ITFC CEO announced the agreement to Bloomberg Asharq adding that the amount includes $800 million for petroleum imports and $700 million for basic commodities. The new deal is […]
Algerian Activist Gets One Year Sentence for Criticizing Government on Facebook
Amazigh activist Salim Yezza received a one year suspended sentence after he criticized on Facebook the Algerian government’s treatment of minorities. Yezza criticized the authorities’ discriminatory policy against the Mozabites, an Amazigh or Berber – ethnic minority in the Ghardaia region. The France-based activist was arrested on July 14 at the Biskra airport as he […]



