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Morocco’s African Pivot, an Alternative to the Arab League’s Impotence

The landmark speech given by King Mohammed VI at the 28th African Union Summit set the tone of a pivot in Morocco’s foreign policy in favor of Africa and echoed a frustration with the paralysis plaguing the Maghreb Union. The momentum characterizing Morocco’s African action stands in a stark contrast to its stands regarding the […]

EBRD greenlights $25m loan to Egypt-based UMC

The European Bank for Reconstruction and Development (EBRD) has rubber-stamped the loan of $25 million for Egypt-based United Metals Company (UMC). The funding is aimed at backing the company’s working capital needs amidst the COVID-19 pandemic. The loan will enhance the Company’s financial resilience to withstand the potential negative implications of the COVID-19 pandemic through […]

Türkiye pledges continued support for Sudan’s peace, reconstruction

Türkiye has reaffirmed its commitment to supporting peace efforts, humanitarian assistance and post-conflict reconstruction in Sudan following talks between the two countries’ Foreign Ministers Hakan Fidan and Mohieddin Salem in Ankara on Tuesday, July 28. Fidan said Türkiye would continue to back efforts to end the conflict, meet the humanitarian needs of the Sudanese people […]