Cameroon under the directives of President Paul Biya has lined up for a $34.7 million loan from the Islamic Development Bank (IsDB) to finance the Presidential Plan for the Reconstruction and Development of the Anglophone Regions of Northwest and Southwest. The plan estimated at around $3 billion encompasses three phases namely rehabilitation and development of […]
The governments of several countries namely Algeria, Egypt, France, Germany, Italy, Qatar, Saudi Arabia, Spain, Tunisia, Turkey, United Arab Emirates, United Kingdom, United States together with the European Union and United Nations have released a joint statement calling for an end to the violence in Libya in order to pave the way for development and […]
Following targeted cash-handouts to needy households, Morocco has cut by 10 dirhams the subsidized price of a cooking gas cylinder, in a move that will alleviate the subsidies burden. The decision- that entered into force on May 20- marks the first subsidies cut in a gradual process that aims at breaking away with general subsidies. […]
