Algerian soldiers

King Mohammed VI Launches 3rd Phase of National Initiative for Human Development

King Mohammed VI has launched 3rd phase of the revamped National Initiative for Human Development (INDH), an ambitious socioeconomic plan destined to close the social gap, combat poverty and reduce social inequalities. The 3rd phase of the plan, to be carried out over a four-year period (2019-2023), will cost $1.9 billion. It seeks to support […]

Drop in Cashew exports disrupts financial balances in Guinea Bissau- World Bank

The economy of Guinea Bissau remains highly dependent on Cashew nuts, whose exports dropped significantly last year depriving the country of much needed revenue to diversify the economy and curb poverty, the World Bank said. “While cashew production reached 260 thousand tons, the highest production yield on record, only 170 thousand tons were exported by […]

Guinea-Bissau: opposition wins legislative elections, secures majority in parliament

The PAI Terra Ranka coalition of five opposition groups, led by the African Party for the Independence of Guinea and Cape Verde, has won Guinea-Bissau’s parliamentary elections, securing a majority of seats in parliament. The legislative elections were the first since President Umaro Sissoco Embalo dissolved the National People’s Assembly more than a year ago. […]