algeria-imf

France’s AFD to inject €100m in wholesale market project in Egypt

France’s development agency AFD will pump €100 million into the establishment and management of a wholesale market in Egypt next year. The market will be built in Borg el-Arab; industrial city in the governorate of Alexandria, Arab Finance reports, quoting Minister of Supply Ali Al-Muselhi. A joint Egyptian-French company will be set up to manage […]

Sudan’s emergency volunteer network wins Norway’s top human rights award

Sudan’s Emergency Response Rooms (ERRs), a grassroots network of volunteer aid groups, have been awarded the 2025 Rafto Prize for human rights work, in recognition of their life-saving efforts amid the country’s deepening war and humanitarian collapse. Founded during the 2023 civil war between Sudan’s army and the Rapid Support Forces (RSF), the ERRs emerged […]

North Africa: Creating Jobs for Millions of Young People Remains Daunting Challenge

The modest economic growth made by North African countries during the past decade preceding the Arab Spring did not help them to create enough jobs for the young. In this region, the unemployment rate among the 15 to 24 year-old age group is on average 23 pc, which is three to four times higher than […]