The European Union (EU) has provided a fresh credit facility of 32.7 million euros to the Democratic Republic of Congo to be used to provide assistance to people in the eastern region where several populations have been affected by fighting between the army and rebel groups. The loan will be channeled through humanitarian organizations to […]
Forty countries have reiterated steadfast support for Morocco’s full sovereignty over its entire Saharan territory during the 59th session of the UN Human Rights Council (UNHRC) convening in Geneva. In their joint statement read out during the Geneva meeting, these countries lauded Morocco’s constructive & voluntary interaction with the UN human rights system, in particular […]
Moody, a Credit-ratings agency has downgraded Egypt’s government bond ratings by one notch from B2 to B3, citing the intensification of civil unrest and sliding foreign exchange reserves. It also added that it is maintaining the rating on review for further possible downgrade. According to the agency, the reason behind the decision “is the country’s […]
