Mohsen-Hassen

Algeria lags behind in international internet speed ranking

Algeria has the fourth slowest internet service in the world ranking 174th out of 177 countries surveyed by the Speedtest Global Index, which measures mobile and fixed broadband internet services from around the world on a monthly basis. Last December, Algeria’s Foreign Minister Sabri Boukadoum was unable to maintain a stable internet during an African […]

AfDB launches record breaking $3 billion “Fight COVID-19” Social Bond

As the Covid-19 outbreak is spreading quickly in Africa with nearly 3,000 infected people across 45 countries, placing strain on already fragile health systems, and dangerously threatening the continent’s economy, the African Development Bank Group is moving to provide flexible responses aimed at lessening the severe economic and social impact of this pandemic on its […]

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 […]