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Fresh financing deal: Egypt gets $1.5 billion from ITFC to finance petroleum & basic commodities imports
The International Islamic Trade Finance Corporation (ITFC) will provide Egypt with $1.5 billion, a new financing agreement earmarked for imports of petroleum and basic commodities. Hani Sonbol, ITFC CEO announced the agreement to Bloomberg Asharq adding that the amount includes $800 million for petroleum imports and $700 million for basic commodities. The new deal is […]
Morocco reinforces its offensive drone arsenal with Turkey’s Bayraktar
Morocco has ordered 13 potent Turkish Bayraktar combat drones in addition to four remote control ground stations as part of a push to modernize its weaponry with state-of-the-art equipment, Africa Intelligence reported. Bayraktar TB-2 drones have proven their efficiency in multiple battlefields including in the Nagorno Karabakh conflict and the Libyan civil war. Moroccan media […]
Libya, Italy join efforts to combat illegal immigration
The Libyan Government team participating in the Rome Process met with its Italian counterpart on Monday, October 6, to discuss proposed projects aimed at tackling illegal immigration. According to a statement from Libya’s Foreign Ministry, the meeting forms part of the Government of National Unity’s broader strategy to address irregular migration flows. The two sides […]



