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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 […]
Moroccan Banks Respond to Algerian FM’s Defamatory Statements
Following the verbal blunders uttered by Algerian Foreign Minister, Abdelkader Messahel, who blatantly accused Moroccan banks of laundering cannabis money in Africa, the Professional Grouping of Moroccan Banks (GPBM) released a statement rejecting such accusations as “hateful and irresponsible”. The diatribe against Morocco that the Algerian Foreign Minister shamefully made during a meeting at the […]
Morocco: Nawal El Moutawakil re-elected member of the IAAF governing body
Nawal El Moutawakil, the only Arab and African woman on the board of the International Association of Athletics Federations (IAAF), was elected for a new four-year mandate. The former Olympic Champion garnered 120 supports during the voting process in Doha-Qatar in buildup of the 2019 IAAF World Championship slated for September 27 to October 6. […]



