IMF releases $496mln for Morocco under climate-resilience scheme

The International Monetary Fund greenlighted on Tuesday the release of $496 million for Morocco under a Resilience and Sustainability Facility (RSF) to help the north African country address climate challenges. The new funding brings the total disbursement of the IMF under the RSF to about $1.24 billion. The IMF had approved a $1.32 billion loan […]

Egypt to reinforce security cooperation with Ethiopia’s neighbors

Egypt, Somalia, and Eritrea agreed to foster their security cooperation ties, amid worsening ties between Cairo and Addis Ababa. The alliance leaves Ethiopia further isolated as Egypt and Eritrea agree to help Somali army confront terrorist groups. Ethiopia has been at loggerheads with Somalia which accuses it of backing separatists in Somaliland. As landlocked Ethiopia […]

Morocco Deplores Algeria’s Role in Perpetuating Sahara Conflict

Morocco’s foreign Ministry has issued a statement welcoming the UN Security Resolution 2351 on the Sahara and deploring Algeria’s role in perpetuating the conflict. “Morocco takes note and expresses satisfaction at the unanimous adoption of the UN Security Council resolution 2351,” the statement said while holding Algeria responsible for perpetuating the conflict. The resolution, adopted […]