Egyptian officials have renewed their efforts to draw back investors, especially in the energy sector, at an investment conference by paying the debts owed to foreign oil companies. Prime Minister Hazem el-Beblawi said that $1,5billion of the $6billion debt has been approved. The Egyptian economy is suffering from the political crisis which has driven away […]
Despite setbacks from military coups in Mali and Niger, the European Union is planning to launch a new military-civilian mission in Africa in the fall, whose aim is to prevent instability triggered by jihadi groups, a German newspaper has reported. EU member states have agreed to launch the mission in the Gulf of Guinea in […]
Rabat has rejected Mauritanian authorities’ request to extradite Mauritanian business tycoon and rival to President Ould Abdelaziz, reports say. Moroccan and Mauritania reports Thursday indicated that Rabat turned down Mauritania’s request to see business tycoon Mohamed Bouamatou extradited to Mauritania. Reports citing Mauritanian and Moroccan sources pointed out that a Mauritanian high ranking officer, Sidi […]
