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Libya: Release of prisoners, a first step towards national reconciliation

The release of more than 100 prisoners held since the start of Field Marshal Khalifa Haftar’s abortive offensive to seize the capital in 2019, was welcomed locally and by the United Nations.   The prisoners’ release on Wednesday was the result of an initiative of the Zawia City Dialogue Committee under the banner “For the […]

Egypt surpasses Nigeria in start-ups capital funding in Africa

Egypt is the continent’s new leader in the total equity funding raised by start-ups in Africa from June 2022 to June 2023, overtaking Nigeria, according to London-based African Private Equity and Venture Capital Association (AVCA). Per AVCA data, startups in the North African country raised $540 from June 2022 to July 2023. The amounts represent […]

Algeria: Authorities boasts of 350, 000 micro-companies funded since 1996

Algeria’s national agency for youth employment (ANSEJ) Wednesday announced that it has sponsored creation of 350,000 micro-companies nationwide since its creation. According to the Managing Director of the agency, Zouaoui Abdelhamid over one million jobs have been created in those 350,000 micro-companies. Abdelhamid was speaking at company creation fair entitled “micro-company, alternative to oil” organized […]