World Bank

COP22 Side Event Sheds Light on Climate Change as a Root-Cause of Instability in Africa

In preparation for the adoption on November 14 of the “Marrakech Declaration: Forging Sustainability, Stability and Security in Africa,” the COP22 Moroccan pavilion hosted on Wednesday a side event bringing together renowned experts who shared views on the means to address the multidimensional climate change risks on the continent. Speaking at the opening of this […]

IMF gives go-ahead for $8 billion loan to Egypt

The IMF agreed to offer Egypt a loan worth 8 billion dollars under an Extended Fund Facility to support the country’s economic stability. Following its review, the IMF noted that Egypt’s recovery was slowed by rising global inflation, foreign exchange shortages, and elevated debt levels. Egypt is also struggling with new challenges such as the […]

Telnet Holding unveils Tunisia’s first 100% indigenous drone

Tunisia’s leading technology company, Telnet Holding, unveiled Monday its first 100 per cent homemade drone expected to operate in the agriculture sector.   Dubbed “Phénix”, the drone is the first made by Tunisian domestic expertise, said Telnet Holding Director General, Mohamed Frikha. Phénix can travel 800 km at 5,000 m in latitude for 8 hours. […]