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Poverty: World Bank to boost lending to Africa
The World Bank’s new president, David Malpass, announced over the week plans to boost lending to African countries to help fight poverty. Malpass made the statement after touring Madagascar, Ethiopia and Mozambique on April 29-May 3. He met with these countries’ leaders and stakeholders and visited World Bank-funded projects. Africa is working at reducing poverty […]
Egypt to invest $748.5M in drilling 46 new oil and gas wells
The Egyptian Government plans to drill 46 new oil and gas wells this fiscal year, with an investment of $748.5 million. Minister of Petroleum and Mineral Resources, Karim Badawi, announced on Monday that 15 agreements are in the pipeline, accompanied by $20 million in signing bonuses. The Government aims to boost domestic output, reduce imports, […]
Security cooperation with Morocco ‘crucial’ in latest dismantling of terrorist cell, Spanish Police Says
Security cooperation between Morocco and Spain “was crucial” in dismantling a terrorist cell linked to ISIS in the Sahel, the Spanish National Police Directorate said this Tuesday, noting that the cell was composed of nine members, six of whom were active in Madrid, Ibiza, and the enclave of Sebta. “The collaboration of the General Directorate […]



