IFAD joins efforts with Bank Al Maghrib to ensure food security in rural areas around the world

The International Fund for Agricultural Development (IFAD) and Bank Al Maghrib have partnered for the second time to increase financing for food security in rural areas around the world. IFAD has issued a $150 million bond with a tenor of 10 years to Morocco’s central bank to support efforts engaged to transform rural areas to […]

Visit to Libya by Sassou N’Guesso, President of the AU High Committee

Congo-Brazzaville President Denis Sassou N’Guesso conducted a three-day visit to Libya from December 9 to December 11, marking his first trip to the country since 2011. Acting in his capacity as Chair of the African Union High-Level Committee for Libya, Sassou N’Guesso engaged in talks with key Libyan officials in both Tripoli and Benghazi. His […]

Egypt: Renewable energy to supply 42% of energy mix by 2040

Egypt’s ambitious goals to have renewable energy accounting for over 42% of Egypt’s energy mix by 2040 were outlined during the BRICS Energy Ministers Conference held in Moscow this week. In an address before the conference, Minister of Electricity and Renewable Energy, Mahmoud Esmat, said Egypt also targets to capture 5-8% of the global green […]