EGYPT-ARAB-LEAGUE-UNRWA

Gabon:President Ali Bongo to seek third term in August elections

Gabon’s President Ali Bongo Ondimba, who has been in power for almost 14 years, said on Sunday (9 July) that he would seek a third term in the elections scheduled for 26 August. “I officially announce today that I am a candidate,” Ondimba told a crowd of supporters in a speech broadcast live on his […]

New Talks Fail to Solve Dispute over Grand Ethiopian Renaissance Dam

In Addis Ababa, a major meeting on the future of Africa’s biggest hydroelectric dam— (GERD)—has ended without agreement. This is the fourth meeting in the latest efforts by water ministers from Ethiopia, Egypt and Sudan to find a resolution to the tensions over the project. The dam is under-construction on Ethiopia’s Blue Nile, a main […]

Egypt’s Constitutional Referendum and the Fiscal Troubles Hampering IMF Loan Negotiations

Egypt’s Central Bank proclaimed their foreign reserves reaching the “critical” levels after it had sold about 75 million USD in its first private auction to banks, Bloomberg reports. Egypt’s foreign reserves are well below the levels prior to 2011 uprising against former President Mubarak, when the Central Bank commenced to support the Egyptian pound by […]