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UN accuses Riyadh of intentionally bombing civilians
The Saudi-led airstrike campaign has received a big blow from the U.N after Chaloka Beyani, U.N.’s rapporteur for internally displaced persons, accused the kingdom of carrying out bombings that destroyed public and other civilian buildings including hospitals. Since the operations became two weeks ago, Riyadh has stressed that it targets rebels and their positions. Beyani […]
IFC accords $150m loan to Olam to boost palm oil production in Gabon
The World Bank’s private sector financing arm, International Finance Corporation (IFC), has provided a credit package of $150 to Olam Palm Gabon, the subsidiary of Singapore-based Olam International, to boost the company’s production of palm oil in the central African country. The loan, Gabon Review reports, will be used in the construction of a biodiesel […]
Looming debt crisis haunts Tunisia’s economy
Tunisia is facing the real risk of defaulting on its external debt which has reached 100% of GDP compared to 35% in 2010. The credit crisis adds to Tunisia’s woes of political and social instability as the country struggles to redress an economy hit by Covid-19 and a drop in tourist arrivals on the back […]



