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Morocco plans to draw on IMF liquidity line – media
Morocco is about to tap into a $3 billion precautionary liquidity line, offered by the IMF in 2018 to help the country face external shocks, Moroccan media reported. The Moroccan government removed the limit on foreign debt on Monday in order to meet its financing needs amid a rise in expenditures and a drop in […]
US coal exports to Africa on the rise
Exports of thermal coal from the US to Africa increased 60% in the first half of this year to 5.3 million tons, compared with 3.1 MMst in the same period in 2023, the International Energy Agency said. In the first half of 2024, U.S. exporters shipped virtually all (98%) of this thermal coal to Egypt […]
Theft of archeological artifacts: Former Italian diplomat wanted in Egypt
Egypt’s attorney general Tuesday ordered the arrest and trial in absentia of a former Italian diplomat who is believed to have been involved in the smuggling out of 21,855 archeological artifacts, which had been returned to the Arab country. In a statement from his office, Nabil Ahmed Sadek demanded the arrest of honorary consul in […]



