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Tech start-up Andela raises $100m in USA for Africa operations

African-focused start-up Andela has raised $100m in a tour in United States, led by Al Gore’s Generation Investment Management. Andela, founded in 2013 to train African software developers and help them get hired by global companies, said it would use the most recent cash injection to expand the business and improve its internal data tools […]

Fez football fans raise giant Tifo in defense of Morocco’s territorial integrity

Defending Morocco’s territorial integrity and sovereignty over the Sahara is a national cause of the Moroccan people including football fans. The supporters of MAS Fez gave the example drawing a giant tifo to express their attachment to the Kingdom’s sovereignty over the Sahara. “The Sahara is our home,” shows a giant tifo composed of thousands […]

IMF: Algeria Still Undergoes Major Difficulties Due to Lower Oil Prices

Algeria continues to face important challenges posed by lower oil prices, says the International Monetary Fund Executive Board after concluding Article IV consultation with the North African country. Economic growth in the nonhydrocarbon sector slowed to 2.9 percent in 2016, partly under the effects of spending cuts. Inflation increased from 4.8 percent in 2015 to […]