Morocco’s National Office of Electricity and Drinking Water (ONEE) has secured up to €250 million in financing from the European Bank for Reconstruction and Development to modernize the country’s drinking water infrastructure and improve system performance under its 2025–2030 investment plan. The loan will support projects that cut water losses, enhance energy efficiency and strengthen […]
Essam al-Haddad, the closest aide to Mohamed Morsi, has lambasted the IMF for worsening Egypt’s situation. He claimed Egypt has satisfied all the required conditions but the IMF continues to delay the deal. He said the government in a bid to finalize the $4,8 billion loan deal has recently included a phased-out subsidies plan and […]
In the shadow of last week’s devastating assault that claimed 900 lives, M23 rebels have announced a unilateral ceasefire in eastern Congo. The declaration comes as aid organizations scramble to reach hundreds of thousands of displaced civilians in and around Goma, a mineral-rich city of two million now under rebel control. Behind the streets where […]
