south africa

Libya renews global ties with World Bank Pact aimed at long-term reform

In a notable development signaling Libya’s return to the international economic stage, the Tripoli-based Government of National Unity (GNU) has formalized a partnership with the World Bank through a Memorandum of Understanding (MoU) signed in Washington, D.C. The agreement, focused on rebuilding institutional frameworks and accelerating reform efforts, marks a key turning point after years […]

Morocco’s Energy Bill Down 30% by July

Morocco’s oil and gas imports stood at 29.394 billion dirhams by July 2016 compared to 41.947 billion dirhams the same period last year, which is a significant 30% drop, Morocco’s exchange office said in its latest statistics. Yet, despite the drop in oil prices, Morocco’s commercial deficit deepened 7.5% as imports continue to exceed exports. […]

Germany denies having facilitated Tunisian youths’ trip to Israel

Germany’s embassy in Tunisia has denied any involvement in the future trip of a group of Tunisian youths to Israel, a country the North Africa nation has been boycotting. Rumors have circulated that Germany has facilitated the issuance of visas for young Tunisians to take part in an EU-sponsored program in Israel, including visits to […]