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Egypt’s CIB receives $250 million loans from IFC for multiple purposes including green projects
Egyptian private Commercial International Bank (CIB) indicated Sunday it received $250 million from the International Financial Corporation (IFC) in form of multiple loans to be used to support its capital and fund green projects. The first loan has a value of $150 million and a 10-year term, including $90 million for the refinancing of outstanding […]
Bamako-Tuareg war marks erosion of Algeria’s role in Sahel
Malian forces have taken Kidal the stronghold of Tuareg rebels marking the end of a deal brokered by Algiers in 2015 and the erosion of Algeria’s diplomacy in its Sahel neighborhood. More than a week after Bamako soldiers, backed by Russian Wagner mercenaries, took the strategic town, Algeria’s resounding silence reflects the country’s fading role […]
Morocco starts repatriating its citizens stranded in Melilla
The Moroccan government authorized the repatriation as of this Friday May 15 of the Moroccans who have been stranded in the Spanish enclave of Melilla since Morocco closed its air, land and sea borders last March 12 to limit the spread of COVID-19. The Spanish news agency EFE, quoting official Moroccan sources, said the operation […]



