Pope Francis

Morocco, sole country eligible for flexible credit line in MENA Region – IMF Chief

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, highlighted Morocco’s exceptional economic management, noting that it is the only country in the MENA region eligible for the IMF’s Flexible Credit Line (FCL). At the IMF’s Spring Meetings, Georgieva commended Morocco for its robust fiscal and monetary policies, stating, “Morocco has done really […]

Sudan warring sides agree to resume cease-fire talks brokered by US, Saudi Arabia

As the conflict between two warring factions in Sudan has already left thousands dead and millions have been forced to flee, the Sudanese Armed Forces (SAF) will resume another round of talks with the paramilitary Rapid Support Forces (RSF) in Jeddah, Saudi Arabia, on Thursday (26 October), aiming to secure access for humanitarian aid to […]

IFC-led consortium backs $572m Aswan solar-storage project to deepen Egypt’s energy resilience

The International Finance Corporation (IFC), on Thursday, 18 December 2025, announced a strategic partnership with Dubai-based AMEA Power and Japan’s Kyuden International Corporation to develop a 1,000-megawatt solar power plant integrated with a 600MWh battery energy storage system in Aswan, southern Egypt. The $571.8 million financing package, led by IFC with support from international partners, […]