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Egypt unveils $40.7m fund to invest in cutting carbon emissions projects
The Egyptian government launched a fund for investment in projects issuing carbon certificates with an authorized capital of EGP 1 billion ($40.7 million). The fund, dubbed EgyCOP, will finance Egyptian companies’ projects that reduce carbon emissions through the issuance of globally-accredited certificates from Switzerland’s The Gold Standards Foundation, the Arab country said in a statement. […]
Algeria: Controversial Amended Constitution Re-introduces two-term limit
Algerian lawmakers Sunday re-introduced two-term limit into the national constitution formerly removed by President Bouteflika in a move to stay in power for life. The two-term limit is part of a package of modifications adopted by 499 lawmakers to two, with 16 abstentions. Long demanded by the opposition, the modification comes as the regime struggles […]
Morocco’s king orders earthquake reconstruction program worth $12 bln
King Mohammed VI of Morocco chaired a third meeting to follow up the implementation of the reconstruction after the earthquake ordering speeding up in implementing a program worth 120 billion dirhams ($12 billion) in the six quake-struck regions. The program will span over a five-year period covering the six provinces affected by the earthquake: Marrakech, […]



