Pope Francis

Mauritania seeks mobilization of $117 million to support youth

The Mauritanian Government will next month organize a roundtable with its technical and financial partners in a bid to mobilize $117 million necessary to implement the national youth strategic program. The roundtable, scheduled for February 18, will gather Mauritania’s technical and financial partners who will discuss means of mobilizing $117 million necessary to implement the […]

Egypt Loses $10bn in Suez Canal Revenue because of Attacks in Bab al-Mandab Strait

Egypt has lost $10 billion in revenues from the Suez Canal due to ongoing attacks on shipping in the Bab al-Mandab Strait, President Abdel Fattah el-Sisi said on Monday, May 4, during a meeting in Cairo with Mathias Cormann, 6th Secretary-General of OECD. The attacks, which began in November 2023, have significantly reduced vessel traffic […]

Benin gets €80 million-loan from AfDB to upgrade Cotonou Port

Benin has secured an 80 million euros loan facility from the African Development Bank (AfDB) to improve and expand Cotonou harbor, one of the main maritime access points for landlocked countries in West Africa. The loan is split into two: €55 million from the African Development Bank and €25 million from Africa Growing Together Fund, […]