Latest North Africa News
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Morocco sets final spread on tap of 2022 and 2042 Eurobonds
By Abhinav Ramnarayan Wed May 22, 2013 11:41am EDT LONDON, May 22 (IFR) - The Kingdom of Morocco has set a final spread on a tap of its 2022 and 2042 US dollar bonds. The sovereign, rated BBB-/BBB-, has set a final level of 220bp over US Treasuries for a tap of its USD1bn 4.25% December 2022 note and of 237.5bp over US Treasuries for a tap of its USD500m 5.50% December 2042 note. Initial ...
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Somalia beyond the famine
Under-fives were especially vulnerable (file photo) NAIROBI, 22 May 2013 (IRIN) - Over one million people in Somalia are currently food insecure, according to a ...
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Middle East North Africa - Rights situation in post-revolutionary Arab countries remains dire
Two years after the "Arab Spring" swept the Arab region and led within months to the ouster of the autocratic rulers in Egypt, Tunisia, Libya, and Yemen, the state of human rights in these countries remains dire and the chances for democratic transition face major challenges. Arab countries which were less affected by the "Arab Spring" also continue to witness serious human ...
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Ghana Museums Ladies Association donates to Accra Psychiatric Hospital
Accra, May 22, GNA - The Ghana Museums and Monuments Board Ladies Association, on Tuesday donated items worth GH 630.00 to the Accra Psychiatric Hospital (APH), in ...
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Nigeria War Amnesty and Oxymoron
Nigeria's Federal Government has agreed to release, rehabilitate and grant amnesty to arrested terrorists and secessionist in its custody. This offer of peace is balanced with a continuous war against those who persist with a secession and terror agenda.Boko Haram leaders have often demanded the release of their arrested members. The Nigerian government has agreed to oblige, while it ...
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S.Africas FirstRand no longer keen on Nigerias Enterprise
JOHANNESBURG | Wed May 22, 2013 11:17am EDT JOHANNESBURG May 22 (Reuters) - South Africa's FirstRand is no longer considering an acquisition of Nigeria's Enterprise Bank, although it is still keen on rivals Keystone and Mainstreet, its chief executive said on Wednesday. FirstRand, South Africa's second-largest bank by value, had said previously it was looking at buying one ...
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International Real Estate Real Estate in Morocco
A RESTORED 19TH-CENTURY HOME IN MARRAKESH $1.3 MILLION (11 MILLION DIRHAMS) This traditional Moroccan house, known as a riad, has 4,300 square feet of space over two floors surrounding an enclosed courtyard. Dating to the 19th century, it has five bedroom suites and a multilevel roof terrace with views of the minarets of the medina, or old city, of Marrakesh, according to Younes ...
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More than 270 militants arrested over 3-day period in Tunisia
Police arrested 274 people over three days for alleged involvement in clashes between Tunisia's police and the militant Ansar al-Sharia, officials said. The arrests throughout the country were tied to Sunday's clashes in the Tunis suburb of Ettadhamen, officials said. The Interior Ministry presented the final tally Tuesday during a news conference, Tunisia Live reported. Ministry ...
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Interior Minister Receives Bahraini Ambassador to Morocco
Manama, May 22. (BNA) -- Interior Minister Lieutenant-General Shaikh Rashid bin Abdulla Al Khalifa received here today the newly-appointed Bahraini Ambassador to Morocco Khalid bin Salman bin Jabr Al-Musallam. Shaikh Rashid congratulated Ambassador Al-Musallam on his appointment by His Majesty King Hamad bin Isa Al Khalifa, wishing him every success. W H Q BNA 1325 GMT ...
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South Sudan warns that it may shut down oil exports through Sudan again
South Sudan is warning that it may stop exporting oil through Sudan's pipelines again. An official in South Sudan's oil ministry told The Associated Press that Sudan has blocked the export of South Sudanese oil. The official insisted he not be identified because he is not authorized to release the information. While speaking at a police graduation ceremony in Juba on Monday, South ...
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FEATURE-Sudan dreams of becoming global sugar player
Wed May 22, 2013 10:00am EDT * Sudan hopes to offset loss of oil to South Sudan * Sugar firm Kenana plans expansion, double output by 2015 * Analysts sceptical about production expansion plans By Ulf Laessing NEAR SOFIYA, Sudan, May 22 (Reuters) - In a hangar-shaped factory hall in central Sudan a dozen workers rush to pack refined white sugar gushing from a funnel into paper bags to be loaded ...
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Tunisia One Thousand Million Dollar Budget Extension for 2013 Under Study
Tunis - The government is studying the establishment of a third programme of budget support for 2013 worth 1,000 million dollars (1td=1,666 US dollar), said Finance Minister Elyes Fakhfakh. To this end, the country should borrow from France or the United States an amount worth 500 millions, either in dollars or in euros, he added. During a dialogue session with the government held on Tuesday ...
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Tunisia Tunisia U.S. Launch Initiative to Support Small Businesses
Washington - The United States and Tunisia launched an initiative May 20 to support the growth of small- and medium-sized businesses, boost trade, and promote broad-based economic growth. Tunisian Ambassador to the United States Mokhtar Chaouachi hosted the launch at the Tunisian Embassy, which was attended by Deputy U.S. Trade Representative Miriam Sapiro and Alina Romanowski, acting assistant ...
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Tunisia French Investor Plans to Create Tourist and Cultural Project in Tabarka
Tunis - Jean-Pierre Mangiapan, President of the Agency for French-Tunisia Co-Development has suggested the creation of a major tourist and cultural project in Tabarka, Governorate of Jendouba. Mr. Mangiapan, who is also investor and entrepreneur, presented, on Monday, this project to Culture Minister Mehdi ...
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Tunisia Dilou Dissatisfied With Delay in Discussion of Draft Law On Prevention of Torture
Tunis - Minister of Human Rights and Transitional Justice Samir Dilou expressed dissatisfaction with the delay in the review by National Constituent Assembly (NCA) committee of the draft law on the prevention of torture. This bill was submitted to the NCA in November 2012, he noted. During a press conference held on Tuesday, Samir Dilou said the committee created within the Ministry and ...
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Tunisia Caretaker President Focuses On CDC Activities
Tunis - Caretaker President Moncef Marzouki focused on the activity of the Deposit and Consignment Fund (CDC) as he received, on Tuesday, its Director-General Jamel Belhaj. Marzouki was briefed about the mission assigned to this body and its areas of intervention, particularly with respect to funding large-scale projects and promoting development action. The President of the Republic also ...
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British defense secretary arrives in Mali
British Defense Secretary Phillip Hammond said he's seen key improvements in the ability of Malian forces to take on Islamic militants. Hammond arrived in Mali to visit British forces deployed to help Malian forces ensure territorial integrity from threats by foreign rebels and al-Qaida fighters. Nomadic fighters and al-Qaida militants took control over parts of Mali after a 2012 coup. ...
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Etisalat says Nigeria unit inks $1.2bn loan deal
UAE telecommunications giant Etisalat said its Nigeria unit had secured a $1.2bn medium term syndicated loan facility to refinance existing debt and expand its ...
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Tunisia Tunisian Police Clash With Islamists in Tunis Kairouan
Tunisian police have clashed with radical Islamists in a Tunis neighborhood, after Salafist movement Ansar al-Sharia told its followers to gather for its annual congress. The move defied a government ban. Hundreds of Salafists erected barricades in the streets of Ettadhamen, a poor neighborhood on the western edge of Tunis on Sunday. The crowd threw rocks at police, who fired tear gas canisters ...
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Algeria Two Newspapers Denied Syndication Over Reports of Presidents Health
Algeria: Nation Prevents the Issuance of Two Newspapers Due to a File On the President's Health ANHRI Is Annoyed From the Lack of Information and Demands Halting the Censorship On ...
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Morocco to launch 4G licence auction by end 2013
Morocco's telecoms watchdog Agence Nationale de Reglementation de Telecom (ANRT) has announced its plans to launch an auction for 4G Long Term Evolution (LTE) mobile licences by the end of 2013, state news ...
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Sudan Accused of Blocking Oil Exports
KAMPALA, Uganda - South Sudan on Wednesday accused Sudan of blocking oil flow from its Unity state in the latest spat involving the two oil producers, which agreed to restart oil exports last month after a 15-month closure, officials said. South Sudan hasn't been able to pump around 90,000 barrels a day of crude from its TharJath oil field in the border state of Unity for nearly a week ...
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Nigerias Moses to miss Confed Cup
Nigeria forward Victor Moses will miss this summer's Confederations Cup through injury, while his Chelsea team-mate John Obi Mikel has asked to be rested for an upcoming international friendly against ...
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Tunisia National Dialogue Rejects Violence
Tunis - Participants in Tunisia's second national dialogue condemned all forms of post-revolution violence, stressing that only the state had the right to use force. Unlike the first round of talks last October, the meeting that wrapped up on Thursday (May 16th) involved all Tunisian political parties. Since the dialogue coincided with the appearance of armed jihadists in the Jebal ...
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Western Sahara Arab Union of Cuba Felicitates Saharawi People On Armed Struggle 40th Anniversary
Havana - The Arab Union of Cuba has expressed felicitation to the Saharawi people and leadership of the Frente POLISARIO on the 40th anniversary of the outbreak of armed struggle, in a letter addressed to the President of the Republic Mr. Mohamed Abdelaziz. "The Arab Union of Cuba would like convey sincere salutations and affirms solidarity with the Saharawi people in their struggle for ...
Sudan Spotlight
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Sudan and the South
In January of 2011 the future of Sudan as a unified country will be decided. A referendum is due to be held in South Sudan that will decide whether the regional government of the area, which accounts for around a third of Sudan, should break away from the rest of the country and become a fully-independent nation.
South Sudan has a long history of being at odds with the rest of the country and this conflict of interests has been attributed in Western media to the fact that northern Sudan is primarily Muslim and Arab dominated, whereas South Sudan is made up of indigenous African cultures and ethnicities, this view has been reinforced by the ongoing violence in Darfur, a region of Sudan where a genocide is occurring and has led to President Omar al-Bashir of Sudan being charged with war crimes by the International Court at The Hague, a charge that the government in Khartoum categorically denies. Read more
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