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Morocco condemns Algerian, Kenyan plot to use AU to serve separatist purposes
Morocco has declared null and void a statement on the Sahara issue drafted by the Kenyan Presidency of the Peace and Security Council (PSC) of the African Union with an instigation from Algeria, while the chairperson of AU commission Moussa Faki called for putting an end to maneuvers. Speaking at a press conference in […]
EBRD Lends Egypt € 290 Mln for Rail Modernization
Millions of commuters across Egypt will benefit from a €290 million financing provided by the EBRD to support the Egyptian National Railways (ENR) in its fleet expansion and upgrade of services. As part of ENR’s locomotive renewal program, the EBRD will finance the acquisition of up to 100 new diesel locomotives under a supply-and-maintenance contract […]
Algeria’s 2026 budget allocates record military spending despite economic strains
Algeria’s Council of Ministers has approved the draft Finance Bill for 2026, allocating $25 billion to the army at the expense of economy diversification, infrastructure, and social services. The country has prepared a budget bill worth a record $135 billion, up from $128 billion in 2025 and $113 billion in 2024. Military spending represents 20.6% […]



