The African venture-capital (VC) market witnessed a 40% drop in funding from the previous year in the first six months of 2023, reflecting cautious investor sentiment and sparking concerns for startups’ future. In the first half of 2023, a mere 263 VC deals were executed, collectively accounting for $2.1 billion, which represents a 40% decline […]
Israel has described Algeria’s accusations of igniting fires in the Kabylie region as “unfounded” and “unworthy” of responding to, inviting Algeria to concentrate on resolving the problems it faces, in particular its serious economic problems, rather than seeking scapegoats to pin all its failures on. Algeria has accused Morocco and Israel of igniting wildfires […]
The Egyptian government is reportedly seeking financial assistance from Algeria in the form of a $2 billion deposit. Egyptian government sources were quoted by the media as saying that the matter would be discussed at the talks Egyptian Prime Minister Hisham Kandil is holding this week in Algeria with Algerian officials, including with Premier AbdelMalek […]
