UN Spokesperon Dujjaric

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 […]

Iberia to launch Madrid-Fez air route next summer

Spanish airline Iberia will launch an air link between Madrid and Fez next summer starting July 28. The company said it will operate four flights weekly between the two cities on Tuesdays, Wednesdays, Thursdays and Saturdays. The air route is part of Iberia’s expansion plan in Morocco where it already connects Marrakech, Casablanca and Tangier […]

US-Africa Leaders Summit yields scores of business deals in diverse fields

Business from the United States and different African countries announced nearly 15 new commitments during last week’s US-Africa Leaders Summit, in fields ranging from mining to healthcare to basketball. One of the biggest deals made at the summit was an investment by US-based Kobold Metals, which will be “a commitment of over $150 million dollars […]