Tunisia: Q3 unemployment rate shots up to 15.8 per cent

As many as 638.100 Tunisians were jobless during the third quarter of the year (Q3), accounting for 15.8 per cent of the active population, the country’s statistical Agency announced Wednesday. The 15.8 per cent translates a rise in the unemployment. 15.6 per cent of the active population in Q2 was unemployed, the agency notes. The […]

Trump’s reaffirmed support for $4bn Lobito Corridor project offers clues to his Africa policy

The Trump administration has reaffirmed its commitment to the $4 billion Lobito Corridor rail project in Africa, aiming to strengthen United States-Africa economic ties while countering China’s growing influence in the region. The initiative, which connects Angola, Zambia, and the Democratic Republic of Congo (DRC), is seen as a vital trade route for transporting minerals […]

Morocco/Earthquake: EBRD earmarks €250 Mln for reconstruction

The European Bank for Reconstruction and Development (EBRD) announced Wednesday a €250 million funding for Morocco to help the country to rebuild its economy in the regions of the Atlas Mountains that were hit by the recent earthquake. The Bank says the financial assistance is an initial response package spanning over three years (2023-2025). The […]