Ali Bongo

Egypt expands ban on onion exports till end March 2024

Egypt’s Premier Mostafa Madbouly prolonged Monday until March 30, 2024, the ban on onion exports in place since October as part of efforts to control soaring prices of the commodity. Madbouly announced the decision during a meeting with relevant ministers as they tried to monitor the sufficient availability and affordability of various commodities in markets […]

Palestine-Israel: Hamas-Israeli talks confirmed by President Abbas

Days after an Israeli official in the Prime Minister’s office denied ongoing meetings with Hamas, Palestinian leader Mahmoud Abbas stated that Israeli and Hamas authorities have been engaged in talks for the past 8 months and are holding direct talks on a long term ceasefire agreement “in an African country.” Israelis and Hamas are meeting […]

EBRD promotes energy transition in Morocco’s mining sector with €13.6Mln Loan

The European Bank for Reconstruction and Development (EBRD) on Tuesday reaffirmed its support for Morocco’s energy transition by providing a €13.6 million loan to PROCANEQ, a company set up in Morocco in 2016 to provide mining subcontracting services to OCP Group. The EBRD financing, meant to step up the sector’s green transition, will be used […]