european-parliament

Morocco Stands out in Africa for Sustainable Ocean Management

Morocco was distinguished as the second best performing African country for the quality of its sustainable management of ocean resources, the US-based National Center for Ecological Analysis and Synthesis (NCEAS) said in a recent report. Morocco came after Seychelles and was followed by Egypt in the Ocean Health Index issued by the NCEAS while Democratic […]

Egypt’s Commercial International Bank gets $150m loan from EBRD to cushion against economic risks

Commercial International Bank or CIB, one of Egypt’s leading private banks, has signed up for a $150 million loan from the European Bank for Reconstruction and Development (EBRD) to cushion against economic risks, a bourse statement said. Per the statement, the loan has a maturity of 10 years and will be used to optimize the […]

Chad: experts slam new junta-backed constitution as part of Deby’s ‘long-term power play’

86% of Chadians have voted in favor of a controversial new draft constitution, the government commission that organized it has announced, despite resistance from critics who say the referendum was merely designed to help cement the power of junta leader Mahamat Idriss Deby. Chad’s military authorities have described the vote as a vital stepping-stone to […]