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IFC plans investment fund to help African film industry grow

The International Finance Corporation (IFC) said it is working with the African Development Bank (AfDB) and Nigeria’s EbonyLife Media to study the feasibility of launching a pan-African investment vehicle targeting the continent’s film sector. The initiative aims to unlock fresh private and institutional capital to help African producers create and distribute stories for global audiences, […]

Sheikh Yassine Passes Away, Visions Unfulfilled, Succession Uncertain

Sheikh Abdesslam Yassine, the founder and spiritual leader of Al Adl Wa Al Ihssane, a Moroccan Islamist association, passed away early Thursday and will be buried Friday after the noon prayers. Abdessalam Yassine was born in 1928 to a poor peasant family originating from the Souss region in southern Morocco. He studied in Marrakesh before […]

France: Algerian national arrested as main suspect in parcel-bomb in Lyon

Security authorities in France have arrested four people including a young Algerian man deemed the main suspect in the letter-bomb attack last week in Lyon, south-eastern France, which wounded 13 people. A 24-year old computer science student from Algeria has been identified as the main suspect for the blast on Friday afternoon, in front a […]