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EU’s €100m to ease Tunisia’s financial constraints

Tunisia will soon be receiving the first tranche of the €300 million Macro Financial Assistance (MFA) program that the European Union allocated to the country in May 2014 to help it overcome its financial crisis. The amount is a loan that supports the Stand-by Agreement that was approved by the International Monetary Fund (IMF) in […]

Sahel states seek Russian telecom, remote-sensing satellites

The military ruled states in the Sahel, Niger, Burkina Faso and Mali are seeking to acquire telecoms technology and remote-sensing satellites from Russia as they seek to counter the surge of terrorist activity. Ministers from the three countries met officials from Russia’s aerospace agency Roscosmos in Mali’s capital, Bamako, on Monday, to discuss implementation plans, […]

Sudan needs up to $10 billion in aid—PM

Sudan’s new prime minister said the East African nation needs about $8 billion in foreign aid over the next two years to cover its import bill and help rebuild the country’s economy, ravaged by months of political turmoil. Prime Minister Abdalla Hamdok’s appointment as prime minister signals the new Sudanese leadership’s intention to address a […]