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Morocco to offer fuel subsidy to professional transporters to cushion price hikes
Morocco plans to re-introduce aid to help professional transporters mitigate the impact of a surge in fuel prices, in a u-turn in its subsidies policy. The decision was taken following a meeting between transport minister Mohamed Abdeljalil, budget minister Faouzi Lekjaa and transport professionals. Fuel is a driver of inflation and any significant surge in […]
UN Official Pleads for more Support to G-5 Sahel
A UN Official has pleaded for more support to G-5 Sahel, saying the five-year-old force working to stabilize Africa’s Sahel has shown great potential, but needs more support from the international community to reach full operational capacity. Addressing the UN Security Council Thursday, Bintou Keita, UN Assistant Secretary-General for Africa, called for enhanced political and […]
Saudi startup supporter VMS acquires minor stakes in Egyptian startup accelerator ‘Cash Cows’
Saudi Arabia-based venture studio VMS has acquired a minority stake in Egyptian start-up accelerator ‘Cash Cows’ as part of a strategic partnership agreement aimed at supporting the entrepreneurial ecosystem in both countries, reports say. ‘Cash Cows’ in a press release indicated that the partnership aims to bring together resources, expertise and support to help the […]



