The African Development Bank (AfDB) last week approved a $1.5 million emergency relief grant to assist nine countries in the East and Horn of Africa on the control of swarms of desert locusts that are threatening livelihoods and food security. The nine beneficiary countries are Djibouti, Eritrea, Ethiopia, Kenya, Somalia, South Sudan, Sudan, Uganda and […]
Millions of commuters across Egypt will benefit from a €290 million financing provided by the EBRD to support the Egyptian National Railways (ENR) in its fleet expansion and upgrade of services. As part of ENR’s locomotive renewal program, the EBRD will finance the acquisition of up to 100 new diesel locomotives under a supply-and-maintenance contract […]
The foreign ministers of Tunisia and Algeria have reiterated their opposition to foreign intervention in Libya, raising concern that such an intervention might affect their national interests. The two countries, both neighbors of the war-torn country, called on the rival parties to reach a political agreement to promote stability in the country and pool energies […]
