saif-alislam

Paris Club creditors cancel $1.4Bln of Somalia’s debt

The Paris Club of creditor countries have agreed to restructure Somalia’s external public debt with an immediate cancellation of $1.4 billion. The decision cancels 67% of the debts owed to Paris Club by Somalia. Several of Somalia’s Paris Club creditors, including the United States, the UK and Norway, as well as the World Bank and […]

Historic conviction: German court sentences Gambian death squad driver to life in prison

A German regional court on Thursday (30 November) handed down a historic sentence when it sent a former member of a Gambian death squad to prison for life, convicting him for crimes against humanity, among other charges. The 47-year-old Bai Lowe, who was linked to the killing of AFP journalist Deyda Hydara, was convicted of […]

WB: Morocco needs to invest $2.6 Bln annually for its decarbonization transition

Morocco’s transition to low-carbon economy requires an annual investment of $2.6 billion through 2030, rising to $17.4 billion annually by 2050, according to a report released by the World Bank The money will be spent on new clean energy solutions and technologies, explained the report titled: Scaling up to phase down: Financing Energy Transitions in […]