Moroccan PM Othmani & SG of Chadian Presidency Kalzeubé Payimi Deubet

Egypt’s pound depreciates again

The Egyptian pound weakened to a new record low against the US dollar on Thursday, extending its losses to 6.4 percent since the central bank introduced a new system of foreign currency auctions to curb a decline in foreign reserves. This came hours after Qatar announced that it is willing to pump in more money […]

Sudan junta leaders visit Gulf allies

The head of Sudan’s ruling military council, Lt-Gen Abdel Fattah al-Burhan has visited the United Arab Emirates (UAE) over the weekend, a day after he visited neighboring Egypt. Al-Burhan on Sunday met Abu Dhabi’s crown prince, who expressed the UAE’s support for Sudan as it navigates a transition after the overthrow of autocrat Omar al-Bashir, […]

France Loans Morocco €128 million to buy Locomotives

France granted a 128 million euro loan to fund the locomotives that Morocco’s national railway operator (ONCF) plans to purchase as part of its development program. The loan will boost the ONCF shift to electric railway in line with Morocco’s environmental commitment. ONCF posted a net profit of 223 million Dirhams in 2016, up 31% […]