electricity connectivity

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 […]

Tunisia: American sanctions are coming!

The authoritarian regime of Kais Saied will be hit with severe U.S. sanctions for dismantling Tunisia’s democracy, jailing political opponents, and escalating crackdown against human rights activists. The announcement was made by U.S. Congressman Joe Wilson in a letter addressed to Tunisian MP Fatma Msebbi who had called on him to apologize for his harsh […]

Morocco’s soft wheat subsidies to soar to 3.84 billion dirhams ($410 million)

Morocco’s braces for a surge in the bill of subsidies to keep bread prices stable from 1.3 billion dirhams in a normal year to 3.844 billion dirhams expected this year, Delegate Minister in charge of the budget Fouzi Lekjaa said. Speaking to reporters following the weekly government council, Lekjaa deplored the difficult conditions in the […]