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Russia-Egypt: al-Sissi pays third visit to Moscow in just a year

Egyptian President al-Sissi is due to meet his Russian counterpart Vladimir Putin in Moscow next week to bolster cooperation between the two countries, Egyptian official sources indicated Thursday. This will be al-Sissi’s third trip since his election as president in June 2014. He first visited Russia in August last year, and returned to Moscow last […]

CIMAF gets €161.5m loan from IFC, EAIF & Proparco to expand operation in Mali, Senegal & Ghana

Ciments de l’Afrique (CIMAF) a subsidiary of Morocco-based Omnium des Industries et de la Promotion (OIP) has landed a €161.5-million loan from the International Financial Corporation (IFC), French-government-owned Proparco, and Emerging Africa Infrastructure Fund (EAIF) earmarked to increase capacities of its grinding plants in Mali, Ghana, and to launch a state-of-the-art integrated cement plant in […]

Ethiopian parliament ratifies state of emergency in Amhara region amid escalating violence

In its extraordinary session, the Ethiopian House of People’s Representatives (HoPR) on Monday (14 August) voted in favor of a six-month state of emergency rule in the northern Amhara region amid increasing violence between the federal forces and local militiamen. The lower house of the Ethiopian parliament examined and ratified the rule following the country’s […]