Moroccan aid in Lebanon aug 6 2020

Congo, Rwanda submit draft peace proposal under US mediation

Congo and Rwanda have submitted a draft peace proposal as part of U.S.-led negotiations aimed at ending the conflict in resource-rich eastern Congo, according to U.S. President Donald Trump’s senior adviser for Africa and the Middle East, Massad Boulos. Boulos welcomed the draft text on social media, calling it “an important step,” though details of […]

Saudi Arabia shelves plan to take over United Bank of Egypt over disagreement with Cairo

Saudi Arabia has put a plan by its sovereign wealth fund to acquire the United Bank of Egypt on hold because of a disagreement with the Egyptian authorities over its valuation, Reuters reports citing two sources familiar with the matter. The pause is unprecedented in the spree of investments done by the Gulf country in […]

Mali: The M5 confirms “will” to accompany transition process beside the junta

The malian protest movement Rassemblement des Forces Patriotiques or M5, which had demanded the resignation of the Malian president for weeks, and the Junta, which forced Ibrahim Boubacar Keïta to resign and which took power last week, held a meeting Thursday.   Many leading opposition figures of the M5 came to Kati, the junta’s headquarters, […]