Khalifa haftar

South Sudan seeks $13 billion-backed loan from UAE

South Sudan is nearing an agreement with a UAE company for an oil-backed loan worth $13 billion, the largest in Africa’s newest nation’s history. The news was reported by AP citing an unnamed UN source which said the deal is close to being signed. “Servicing this loan would likely tie up most of South Sudan’s […]

Morocco: Another strike against terrorists affiliated to the Daesh

Morocco’s Central Bureau of Judicial Investigations (BCIJ) dismantled, on Tuesday morning, a terrorist cell affiliated to the “Daesh” organization, whose members were active in the cities of Tiznit and Sidi Slimane. This large-scale security operation carried out by elements of the special force of the rapid intervention Brigade led to the arrest of 4 extremists, […]

Morocco lifts cap on foreign debt due to coronavirus

The Moroccan government lifted the threshold on foreign debt as it braces for dwindling foreign exchange reserves due to the impact of coronavirus on the flow of hard currency to the country. The move aims at addressing the needs in terms of foreign exchange reserves as the coronavirus repercussions are expected to hit tourism revenues, […]