ambassador youssef Amrani

AfDB warns of linking African loan payment to critical resources

Head of the African Development Bank called for an end to loans in exchange for oil or critical minerals, which helped countries like China control vast resources in the continent. In an interview with the Associated press, AFDB chief Akinwumi Adesina explained how such loans lead to undervaluing natural resources of African countries and further […]

Libya Expects Higher Oil Output despite Clashes in Tripoli

Libya’s oil production climbed to the highest since 2013 and can go even higher if security at the nation’s energy facilities can be improved, the chairman of the state-run National Oil Corp told Bloomberg. The statement comes as the country’s capital has sank in a spiral of violence opposing rival militias. Output reached recently 1.278 […]

Covid-19: Over 9.8 Mln cases confirmed in Africa

Over 9.8 million new coronavirus cases have been reported in Africa, which is accounting for 3.3 pc of the worldwide confirmed cases, according to latest data released by Africa Centers for Diseases Control and Prevention (Africa CDC). More than 229,101 people died of covid-19 in the continent wherein CFR (Case Fatality Ratio) is higher than […]