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Egypt: Six-month ban on building permits nationwide
Egypt has instructed all governorates to halt all construction projects for a period of six months. Local Development Minister Mahmoud Sharawi announced Monday the cabinet decision and instructed all local governors including those of Greater Cairo and Alexandria to make sure the order is fully implemented. Sharawi also urged local officials to tour cities and […]
Algeria: the political system is ossified; aging leaders reject any genuine opening – US Think Tank
The Washington-based Middle-East Institute (MEI) has described the political Algerian system as ossified as “the aging leaders reject any genuine opening” while massive street protests are resuming. ”Domestically, Algeria’s leaders are old and President Abdelmadjid Tebboune, strongly backed by the army, is ailing (…) The political system is ossified but the aging leaders reject any […]
Nigeria launches $672mil tech fund to cushion its start-ups after US bank collapse
The closure of three key banks in the United States has taught Nigeria tough lessons, prompting Africa’s biggest economy to launch a $672 million fund to support its tech startups. Nigeria wants to cushion its startups against the kind of situation that Chipper Cash, a victim of the fall of SVB and the bankruptcy of […]



