Mamady Doumbouya

WFP warns of looming food aid cuts in South Sudan amid urgent funding crisis

On Tuesday, July 22, 2025, the United Nations World Food Programme (WFP) has issued a grave warning that it may be compelled to reduce food rations in South Sudan as early as September due to critical funding shortfalls. Currently, WFP can only assist 2.5 million individuals—just 30 percent of those experiencing severe hunger—across the country. […]

Morocco’s BCP Bank gets $100 Mln loan from EBRD to mitigate COVID-19 impact

The European Bank for Reconstruction and Development (EBRD) approved on Thursday a $100 million loan to Moroccan “Banque Centrale Populaire (BCP) to support local small businesses affected by the coronavirus pandemic. The loan is the second to the country under the EBRD Solidarity Package, set up to meet the immediate short-term financing needs of existing […]

Algeria Increases Fuel Prices as Crisis Bites

Battered by a sharp fall in hydrocarbon revenues, Algeria resorted to lifting subsidies on key commodities such as gasoline and diesel in a bid to shore up state finances. The Algerian parliament has taken the unpopular decision of cutting gasoline and diesel subsidies for the third as part of the 2018 budget in an attempt […]