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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 […]
UN chief defends idea of two African seats at Security Council
UN Secretary General Antonio Guterres reiterated his call for a reform of the UN Security Council that would give two seats to the African continent. Speaking in Addis Ababa in the headquarters of the African Union, Guterres said Installing “two African members as permanent members of the Security Council” is essential for reform. Guterres stressed […]
Algeria: Demonstrators in Paris demand release of Khaled Drareni
Demonstrators gathered Monday in front of the Algerian Embassy in Paris to demand the release of journalist Khaled Drareni on the eve of his appeal trial. The director of the news website Casbah Tribune and correspondent for TV5 Monde and RSF has been detained in Algeria since the end of March. He had been arrested […]



