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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 […]

Tunisia: Court hands one month in jail to man for smoking during Ramadan

A Tunisian man has been handed one month-in-jail sentence Monday for smoking, during the holy month of Ramadan. The man was seen smoking outside a courthouse in Bizerte by a court official who informed the police, a prosecution official told news agency AFP. The court gave the man 10 days to appeal otherwise the ruling […]

New commercial maritime route to connect Agadir, Dakar

A new commercial maritime route, operated by Atlas Marine Group, will connect Morocco’s Agadir to Senegal’s Dakar. The new maritime link is meant to optimize freight transport and meet the logistical challenges related to overland routes. The new route will facilitate the flow of trade between Morocco and West African countries by reducing transport costs […]