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Libya: Countries should not undermine our authority, Tobruk government warns
The Tobruk based government has sounded what could be seen as a warning to European countries that are planning to fight against illegal migration through a military campaign. Few days after firing and bombarding a flagged Cook Island cargo ship killing one Turkish national, the internationally recognized government posted on Facebook that other countries should […]
EU Greenlights an €800 million Package of Financial Guarantee Programs in Africa, Neighborhood
As part of its External Investment Plan, the EU Tuesday gave its green light to a package of financial guarantee programs worth around €800 million. This will help to leverage an estimated €8-9 billion in public and private investment in Africa and the Neighborhood, the European Commission announced in a press release. The decision is […]
Egypt: Riyadh offers $1.5 Billion to Finance Projects in Sinai
Cairo announced Sunday it received $1.5 billion from Saudi Arabia earmarked for development projects in underprivileged Sinai. The Saudi kingdom has already donated Egypt several billion dollars destined to shore up Egyptian battered economy and finance. The new amount, donated by the Saudi Development Fund, will finance the building of a university, 26 residential complexes, […]



