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Sudan Hands Suakin Island to Turkey for Development
Sudan has agreed to hand over the Red Sea Suakin island temporarily to Turkey for infrastructure development and rebuilding. The announcement was made during a visit by Turkish President Recep Tayyip Erdogan to Sudan, which included a visit to the Suakin island and its old port. During a speech at the University of Khartoum, where […]
Libya: the economy growth continues to recover, but…
In 2011, Libya’s economy contracted to around 60% but according to the International Monetary Fund, it grew by more than 100% in 2012 as it continues to recover. It is forecasted to reach around 16.7% this year after attaining 121.9% in 2012. The head of an IMF mission which went to country, Ralph Chami, stated […]
UNDP loans Cameroon $21m to strengthen SMEs’ resilience
The UNDP and Cameroon have inked a loan deal of $21 million earmarked to strengthen the resilience of Small and Medium Enterprises (SMEs) of the central African country in addressing impacts of the COVID-19 pandemic, Journal du Cameroun reports. The agreement signed between UNDP Chief in Cameroon Jean-Luc Stalon and Alamine Ousmane Mey, Minister of […]



