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Senegal proposes diaspora bank to enhance investments, lower transfer costs

Senegal’s Prime Minister Ousmane Sonko revived last week a proposal to create a bank dedicated to the Senegalese diaspora. This initiative aims to channel the significant funds sent home by Senegalese expatriates into impactful and sustainable projects, reported Ecofin agency. The diaspora sends over $2.9 billion annually to Senegal, representing about 12% of the country’s […]

First 100% Morocco-made electric car charging station unveiled in Rabat

The first 100% Morocco-made smart charging station for electric vehicle dubbed “iSmart” was unveiled, Monday in Rabat, in the presence of the Minister of Industry, Trade and Green and Digital Economy, Moulay Hafid Elalamy. “iSmart”, a new generation of intelligent electric car charging stations for professional and domestic use , was developed at the request […]

The great escape from crisis-hit Algeria, from younger illegal migrants to generals

In a country where even teenagers risk their lives crossing the Mediterranean in search of freedom, the recent escape of a former Algerian intelligence chief by boat to Spain has rattled a regime mired in self-inflicted crises. General Abdelkader Haddad, alias “El Djinn”, is no ordinary fugitive. Once head of Algeria’s powerful internal security agency, […]