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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 […]
Burkina Faso commends Morocco’s leadership at helm of AU Peace and Security Council
Burkina Faso’s Foreign Minister, Karamoko Jean-Marie Traoré, has commended Morocco’s leadership at the helm of the African Union’s Peace and Security Council (CPS-UA). Traoré commended Rabat’s diplomatic approach in convening informal consultations on March 18 with six African nations—Burkina Faso, Gabon, Guinea, Mali, Niger, and Sudan—all currently undergoing political transitions. The meeting, held under Morocco’s […]
Libya: US officials debunk White House invitation to Hafter
Some high profile US politicians have brushed aside reports that President Donald Trump had extended eastern Libyan military commander Khalifa Haftar an invitation to visit the White House, saying the news of the alleged visit are fake, Libya Express reports. Libya Express last week, citing anonymous sources loyal to Haftar, reported that the military commander […]



