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Egypt applies to join Shanghai-based New Development Bank
Egypt has reached a deal with Shanghai-headquartered New Development Bank (NDB) to join the financial institution whose strategy the Arab country says is in line with its vision. Minister of Finance Mohamed Maait according to the statement from his department held talks with NDB’s Chairman Marcos Troyjo on the sidelines of COP27. Both parties, the […]
Morocco: EU approves €177 Mln assistance for post-earthquake reconstruction
The European Commission has approved a €177 million assistance for Morocco within the frame of the Integrated Program for the reconstruction and comprehensive upgrade of the disaster areas (2024-2028), which was drawn up by Moroccan authorities following the earthquake that struck Al Haouz on 8 Sept. 2023. Furthermore, in a joint effort between the EU […]
Kenyan court allows lawsuit against Meta over role in inflaming Ethiopia’s Tigray violence
Meta, the parent company of Facebook, faces a landmark lawsuit in Kenya over allegations that its platform played a role in inciting ethnic violence during the Tigray conflict in Ethiopia. The Kenyan High Court has ruled that the case, which involves claims of hate speech and violent content promotion on Facebook, can proceed. This landmark […]



