Tag: North Africa

Egyptian business representatives promised $1.2 billion investments in Uzbekistan in different economic fields during the meeting with the Uzbek President

The pandemic crisis, the interruption of the supply chain, and the war in Ukraine with soaring fuel prices and shortages of flour and corn have put a strain on Egypt’s economic stability. In 2022, the Egyptian government adopted measures which resulted in harsher conditions for companies and local citizens, which Cairo currently hopes to overcome with the support of the International Monetary Fund.

The Libyan crisis directly interests Italy which in the last days tried to manage the escalation inviting in Rome Khalifa Haftar and Fayez al-Serraj without any success. In fact, the Italian attempt to conduct its personal diplomacy resulted in a disaster when al-Serraj refused to come to Rome as a sign of protest against the Italian government that since 2014 have supported Tripoli government and now with a late desperate move wants to protect its interests in North Africa creating a network of contact with the different Libyan local key actors as Haftar.