Despite the surging interest, Libya continues to close its door to foreign banks on the basis that the legal framework is still under preparation. One of the latest banks to have its request rejected on numerous occasions by the Libyan Monetary Authority (LMA) is the National Bank of Egypt (NBE) according to reports. The NBE […]
In the shadow of last week’s devastating assault that claimed 900 lives, M23 rebels have announced a unilateral ceasefire in eastern Congo. The declaration comes as aid organizations scramble to reach hundreds of thousands of displaced civilians in and around Goma, a mineral-rich city of two million now under rebel control. Behind the streets where […]
UN Secretary-General Antonio Guterres highlighted, in his latest report to the Security Council on the Sahara, the scope of the major socio-economic development efforts underway in the Southern Provinces for the benefit of local populations. The Secretary-General mentioned strategic infrastructure projects such as highways, ports, and airports, as well as projects in renewable energy, electricity, […]
