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Egypt: IMF, ADB agree to release billions to support Egypt’s weak budget

The International Monetary Fund (IMF) and the African Development Bank (ADB) have approved this week release of billions in form of loans to Egypt in order to support its weak budget suffering from lack of foreign assistance and a huge domestic debt, reports say. The IFM according to reports has approved the first $1 billion […]

Libya: UN Chief appoints Lebanese scholar Ghassan Salame as UNSMIL Head

UN Secretary General has confirmed Ghassan Salamé, a Lebanese scholar and Dean of the Paris School of International Affairs, as the new head of UNSMIL, in replacement of German veteran diplomat Martin Kobler. Salamé is not a new name in the circle of the UN Secretariat. The 66-year old man previously worked with former Ghanaian […]

Italian PM Meloni’s ‘Africa plan seeks to swap energy investment for migration curbs

The chair of the African Union Commission (AUC) has welcomed Italy’s plan to strengthen relations between Europe and Africa that also includes a proposal to swap Europe’s energy investment for African efforts to curb migration but says ‘we are not beggars’. Italy’s far-right Prime Minister Giorgia Meloni hosted a one-day Italy-Africa summit on Monday (29 […]