Nigeria’s state-oil firm NNPC

WFP warns of looming food aid cuts in South Sudan amid urgent funding crisis

On Tuesday, July 22, 2025, the United Nations World Food Programme (WFP) has issued a grave warning that it may be compelled to reduce food rations in South Sudan as early as September due to critical funding shortfalls. Currently, WFP can only assist 2.5 million individuals—just 30 percent of those experiencing severe hunger—across the country. […]

Algeria-WB: Difficult to do business in Algeria

The World Bank Doing Business 2016 report categorizes Algeria among countries “hostile’’ to investment, placing the country at the 163rd rank out of 189 countries, with Singapore topping the rankings. Despite a myriad of efforts to stimulate economic revival following a plunge of the country’s economy due to the collapse of oil prices, Algeria is […]

Libya foresees strong Sukuk

In its strive to expand Islamic Finance, Libya’s Stock Market and Amanie Advisors have inked a comprehensive Memorandum of Understanding destined to outline a “clear roadmap” for the promotion of Islamic Finance. The MoU is expected to boost Libya’s massive potential in domains that remains relatively unexploited. Amanie Advisors, a global Shariah advisory firm, will […]