morocco – BCIJ

China and African nations urged to work with UN to set up AI governing institution

Amid intense competition with the United States to dominate Artificial Intelligence (AI), China has recently hosted a forum attended by a number of African countries designed to deepen a collaboration in the field of AI governance. Hosted by Cyberspace Administration of China, the country’s internet watchdog, the China-Africa Internet Development and Cooperation Forum urged Beijing […]

Egypt to increase green investment to 30 per cent in current budget

The Egyptian government is set to dedicate 30% of the new budget for green investments, as compared to 15% in FY 2021/2022, minister of Finance said. Mohamed Maait also indicated that Egypt is planning to raise green investments under the FY 2024/2025 budget to 50%, Arab Finance reports. Egypt has embarked on the development of […]

Algeria braces for austerity amid frail social peace exacerbated by coronavirus

The failure of major oil exporting countries to reach an agreement about a 10 million bpd reduction was received in Algeria as an omen that would further aggravate state finances as it struggles to maintain a social peace based on lavish spending. Algeria saw its reserves shrink from $179 billion in 2014 to less than […]