economic drop

Egypt: Moody report lowers Cairo’s Suez Canal spirit

The Egyptian government’s expectations pinned on the Suez Canal have been dampened by a report from credit ratings provider Moody which claimed that earnings to be generated from the canal after the opening of the second waterway last week will come “at a much slower pace.” The construction of the second 32km-long Suez Canal and […]

West African Development Bank to invest around $50m in road infrastructures in Niger

The West African Development Bank – BOAD- will invest around $50 million in road infrastructures in Niger, the President of the Togo-based financial institution, Serge Ekue, announced Thursday. “We have just been received by the President of the Republic and, as usual, we made an important point in the context of our activities”, Serge Ekue […]

Tunisia Shuns Berlin Conference for Late Invitation

Tunisia has turned down the invitation to participate in the Berlin Conference held this Sunday, January 19, because the invitation was late and because Tunis has not been involved in the preparatory meetings for the conference. ,” the Foreign Affairs Department said in a statement Saturday while expressing its thanks and consideration for the invitation […]