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EU Approves about €5 billion worth of Economic, Political Assistance to Egypt

The European Union has agreed to extend Egypt nearly €5 billion economic and political assistance to help the country cope with the transition phase it is going through. The decision was made on Wednesday during the EU-Egypt Task Force, the largest-ever meeting between the European Union and Egypt. The economic and political assistance package will […]

Zanzibar eyes resources, ICT sectors to diversify economy away from tourism

Zanzibar has put 12 new oil and gas exploration blocks up for grabs, which in line with President Hussein Mwinyi’s $2.4 billion plan to entice shipping, oil exploration, and seaweed processing while fostering the “blue” economy, as the East African country is looking to explore other economic options outside of tourism Suleiman Masoud Makame, Zanzibar’s […]

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 […]