imetal

COVID-19: IBRD grants Tunisia €18.3m loan

The International Bank for Reconstruction and Development, IBRD, has lent Tunisia €18.3 million earmarked for the fight against the COVID-19 health crisis. The Tunisian cabinet Friday validated the loan, which was signed on May 11. The North African country needs $157 million in addition to external sources to roll out anti-covid-19 national policy. The IBRD […]

Algeria: Fiber optic coverage

Algeria will be having nationwide coverage of fiber optic by 2015 according to the minister of Post and Information Technology and Communication, Moussa Benhamadi. He made this announcement at Tiaret precising that the project is aimed at generalizing and connecting all municipalities and agglomerations where the population is more than 9000. The minister stated that […]

Arab Monetary Fund projects 14.3% growth for Libya in 2025 and 5.9% In 2026

The Arab Monetary Fund has forecast Libya’s economy to expand by 14.3% in 2025, before moderating to 5.9% the following year, contingent on improved domestic stability and stronger investor confidence. In its latest Arab Economic Outlook report released this week, the Fund attributed the robust growth outlook to the hydrocarbons sector, which provides over 95% […]