EIB

IMF vows endorsement to political, institutional reforms in Burkina Faso

The International Monetary Fund (IMF) Monday June 26, threw its support behind the ongoing institutional and political reforms in Burkina Faso, adding that it can provide funding for the transitional process. Martin Schindler, Deputy Division & Mission Chief of the Washington-based institution underlined the support during a meeting with the transitional leader of the West […]

Egypt seals military cooperation with South Sudan

Egypt has signed a military cooperation with Africa’s youngest state, South Sudan. The deal comes at a moment when both countries are experiencing violence from groups challenging the government’s authority. The conclusion of the deal could raise eyebrows in Khartoum which also agreed a bilateral military cooperation in Cairo. Sudan and South Sudan still have […]

Egypt-KSA: Cairo to receive Riyadh assistance to ease economic suffocation

Saudi Arabia will invest around $ billion and offer oil assistance to Egypt in a bid to help al-Sissi’s country ease its economic uneasiness, reports say. The decision was made following the visit on Tuesday of the Saudi Prince and Minister of Defense Mohammed bin Salman in Egyptian capital Cairo. Saudi news agency quoting the […]