WB supports girls & women empowerment in Africa with $365 Mln funding

The World Bank Board has approved $365 million in International Development Association (IDA) financing to increase girls’ and women’s access to learning, economic opportunities, and utilization of health services, and to strengthen the institutional capacity for gender equality in Western and Central Africa. The Sub-Saharan Africa Women’s Empowerment and Demographic Dividend Plus project (SWEDD+) has […]

Algeria misses out on global gas price surge due to long‑term contracts

Algeria is not benefiting from the sharp rise in international gas prices triggered by the conflict in the Gulf, as the country continues to sell most of its natural gas under long‑term supply contracts rather than on the spot market. While spot LNG benchmarks in Asia and Europe have soared to crisis levels, Algeria’s gas […]

IMF Chief Hails Morocco’s Economic Performance

Managing Director of the IMF, Christine Lagarde, has hailed the performance of the Moroccan economy and reaffirmed the support of the International Monetary Fund to the efforts made by the country to speed up reforms to promote a stronger and inclusive growth. The remarks were made at a meeting held in Washington with Moroccan economy […]