India-Africa trade gains momentum, projected to cross $100 billion in 2024

Trade between India and Africa increased by 9.3% between fiscal year 2021/2022 and 2022/2023, reaching $98 billion, according to India’s external affairs minister, as more than 30 African countries have benefited from India’s duty-free tariff preference (DFTP) scheme for least-developed countries. Speaking at the Confederation of Indian Industry (CII) and Exim Bank of India conclave […]

World Bank grants Egypt $9.13 M to expand the greater cairo air pollution management and climate change project

Egypt has secured $9.13-million grants from the World Bank for the expansion of the management of e-waste and healthcare waste under Greater Cairo pollution reduction project, the country’s Ministry of International Cooperation said in a statement. The grant would reinforce the original project’s environmental benefits, both locally and publicly, by improving e-waste and healthcare waste […]

Washington Cancels Military Drills amidst Mounting Criticism of U.S. Stand on Egypt

While more and more voices, including those of Congressmen and editorialists, are criticizing the Obama Administration’s stand on the crisis in Egypt and denouncing as incoherent its foreign policy, President Barack Obama announced that the United States is cancelling its biennial joint military exercise with Egypt, initially scheduled for September. “While we want to sustain […]