Tunisia raises 700 million euros on Eurobond market to fund 2019 fiscal budget deficit

Tunisia Wednesday said it succeeded in raising 700 million euros on the financial bond market with an interest rate of 6.37 per cent as it sought to borrow money to cover its 2019 fiscal budget deficit. The ministry of finance in a statement said the North African country will reimburse the bond over seven years. […]

Al-Shabaab militants launch deadly siege on hotel in Central Somalia

At least six people perished Tuesday when al-Shabaab militants orchestrated a coordinated assault on a hotel in Beledweyne, central Somalia, where local elders and government officials had gathered for security discussions. The attackers initiated the siege by detonating a powerful car bomb before storming the building with gunfire. Social media footage revealed thick black smoke […]

Morocco Orders Two Spain-made Patrol Boats worth €260 Million

Morocco’s navy will be bolstered with the acquisition of two Spanish patrol boats made by Navantia, state-owned shipbuilding company, which offers its services to both military and civil sector. The deal, worth €260 million, was reported by Far-Maroc, a website specializing in Moroccan defense news. “Morocco is in a pressing need of patrol boats of […]