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AfDB to provide $350m to Egypt before end of 2023

Abdourahmane Diaw, the African Development Bank (AfDB) country manager for Egypt, has revealed the Abidjan-based lender will provide the North African country with $350 million in financing for public and private development projects before the end of 2023. The financing will go to the private sector via credit lines to loaning companies and bank and […]

Tunisia introduces austerity measures

The government has revealed that it will introduce austerity measures to curb its budget deficit. Finance Minister Elyes Fakhfakh’s announcement could further stir up the heightened political crisis to new levels. The decision will imply the reduction of public expenditure and the freezing of public salaries. The move is not expected to be welcomed by […]

Libya: Ousted Gaddafi’s Forces Saved US Staff in 2012 Attack against Benghazi Diplomatic Mission, US Report

A U.S. report released by House Select Committee on Benghazi investigating the September 11, 2012 attacks on the U.S. diplomatic mission in Benghazi notes that former Libyan ruler forces came to the rescue of U.S. personnel trapped in the blazing fire which engulfed the mission compound. Who could ever believe that forces sent into hiding […]