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Nigeria’s air force escalates fight against insurgents with precision strikes and major gains
In a bold escalation of its counterterrorism campaign, Nigeria’s military has killed 592 insurgents and destroyed over 200 technical vehicles in Borno State over the past eight months, the Nigerian Air Force (NAF) announced this week. The operations, part of Operation Hadin Kai, have targeted Boko Haram and ISWAP militants entrenched in the country’s volatile […]
COVID-19: Morocco suspends flights with Algeria, Egypt
Morocco decided on Thursday to stop flights from and to Algeria and Egypt until March 21. The decision is part of the country’s efforts to fight the new coronavirus strains, according to Moroccan authorities. The same source added that this decision also applies to travelers who come from Algeria and Egypt through countries that still […]
Egypt scraps requirement for letters of credit for imports
The Central Bank of Egypt (CBE) abolished a February 2022 circular requiring the use of letters of credit for imports, and allowed the use of collection documents instead, Arab Finance reports. The CBE in a late December circular scrapped the letter of credit which provides an irrevocable guarantee to the exporter that the importer’s bank […]



