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Alliance of Sahel States launches investment bank with $820 million capital
The Alliance of Sahel States (AES), comprising Mali, Burkina Faso and Niger, has created a regional investment bank with an initial capital of 500 billion CFA francs (about $820 million), aimed at financing infrastructure and development projects across the three countries. The institution, named the Confederation Bank for Investment and Development (BCID-AES), is designed to […]
Arab Maghreb Union asks Algeria to pay its state contribution
The Arab Maghreb Union AMU issued on April 18 a detailed statement asking Algeria to pay its duties, while debunking the false arguments underlying Algeria’s hysterical reaction to the appointment of a Moroccan citizen as permanent representative of AMU to the African Union. The statement was issued five days after Algeria’s blunt statement in which […]
Europe: Pope Chides West for Trying to Impose Own View of Democracy to Iraq, Libya
Head of the Roman Catholic Church in an interview published Monday rebuked the West for trying to impose its own style of democracy in countries such as Libya, Iraq while ignoring long-established political and cultural structures. Pope Francis speaking to France-based Roman Catholic paper La Croix indicated that Western powers in their drive to export […]



