mosque Sinai

Russia Makes Inroads in North Africa- Foreign Affairs

As issues relating to Russian influence in the EU, US and the Middle East are in the limelight, Russia continues to quietly make inroads in North Africa where it has been gaining a foothold in Libya and boosting its military exports to Algeria and Egypt while strengthening economic ties with Morocco and Tunisia, said the […]

CEMAC raises €3.8 billion in Paris for infrastructure development

The Economic and Monetary Community of Central African Countries raised €3.8 billion at a two-day round table in Paris. The Funds are destined to finance the bloc’s Regional Economic Program meant to boost growth by 2025. The program comprises 84 projects, including 11 presented as priority integrating projects. The total cost of these projects has […]

IsDB, EIB to co-finance more projects in Africa, Southern Mediterranean Countries

The Islamic Development Bank (IsDB) and the European Investment Bank have discussed at meetings held in Luxembourg this week opportunities for co-financing new projects in Africa and Southern Mediterranean Countries. The meetings were held as an IsDB delegation, led by the Bank’s President, Bandar Hajjar, is visiting the European Investment Bank’s headquarters in Luxembourg. During […]