Egypt has announced a 15-percent increase in petrol prices, which will come into effect on Friday, as part of a reform package requested by the International
Monetary Fund to proceed with a $5 billion loan to the cash-strapped
government.
Reporting by AFP said the announcement comes ahead of an IMF meeting on Monday to review the April payout package, unlocking $820 million in funds after Cairo received another such tranche of the loan in late June.
Sudan’s paramilitary Rapid Support Forces have advanced into the strategic “triangle” border area with Libya and Egypt, heightening regional
This week the British Government announced that it would not support a plan by the X-Links Morocco-UK Power Project to
Egypt’s Ministry of Finance will begin disbursing half of overdue export payments starting 7 August, Egypt Today reports. The
Surging global gold prices are fuelling violence and instability in West Africa’s Sahel, reports the BBC. Military regimes in
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