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Egypt: IMF loan not the answer
According to the analyses of the president of Canada’s International Development Research Centre (IDRC), David Malone, the 4.8 billion International Monetary Fund (IMF) loan is insufficient to end to end Egypt’s economic woes. President Malone is in Cairo when he said that what Egypt needed is not a “western tailored” development model. Malone, a renowned […]
Libya’s oil market still plagued by insecurity
The Libyan oil law being drafted by a committee is expected to be ready before September “if all goes well” according to oil minister Abdelbari al-Arusi. The law has to come into force before a licensing round can be launched, but most analysts remain pessimistic about the law being passed. Minister Arusi said that the […]
DRC: Over 180 people killed in inter-communal clash
At least 180 people have lost their lives in inter-communal clash in the West of the Democratic Republic of Congo, Anadolu news agency reports citing authorities. The violence according to the Congolese government occurred over two months, at Kwamouth, at heart of Mai – Ndombe province, hundreds kilometers from capital Kinshasa. “The situation has returned […]



