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IFC plans investment fund to help African film industry grow

The International Finance Corporation (IFC) said it is working with the African Development Bank (AfDB) and Nigeria’s EbonyLife Media to study the feasibility of launching a pan-African investment vehicle targeting the continent’s film sector. The initiative aims to unlock fresh private and institutional capital to help African producers create and distribute stories for global audiences, […]

US sanctions terrorist arms trafficking network supplying Islamic State in Somalia

The United States is trying to curb the flow of weapons to the Islamic State terror group’s affiliate in Somalia, taking aim at a smuggling operation that is also helping to arm its al-Qaida-linked rival, al-Shabab, with weapons from Iran. The US Treasury Department Tuesday announced sanctions against eight individuals and one company all involved […]

Morocco’s King receives Spain’s PM, opening new page in bilateral ties

King Mohammed VI received this Thursday at the Royal Palace in Rabat Head of the Spanish Government Pedro Sanchez, who is visiting the country at the invitation of the Sovereign, as part of a new stage of partnership set between Rabat and Madrid. This audience, which is a continuation of the telephone conversation held on […]