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Morocco set to Reopen Embassy in Iraq

Morocco is readying to reopen its embassy in Iraq, after the diplomatic mission has been closed for thirteen years for security reasons. The embassy, closed after two Moroccan nationals were kidnapped in 2005, will reopen in the coming weeks, affirmed local daily Akhbar Al Yaoum, in its Thursday issue. The reopening of the Moroccan Embassy […]

AfDB pioneers carbon markets facility to propel climate finance

In a decisive stride towards climate resilience, the African Development Bank (AfDB) announced plans to establish a dedicated Carbon Markets Support Facility aimed at galvanizing carbon finance across Africa. Recognising the continent’s disproportionate vulnerability to climate change-induced disasters, this pioneering initiative seeks to unlock new streams of investment by formalizing and scaling carbon credit trading. […]

Egypt Pins All Hopes on IMF to Stabilize Economy

Egypt was pinning great hopes on the International Monetary Fund (IMF) promised loan to boost its economy, stabilize the country and attract investors and tourists anew. The country is in dire need of this loan also to inject cash in the state’s reserves as foreign currency reserve can barely cover 3 months of imports and […]