The pandemic has increased Algeria’s “ongoing economic vulnerabilities” following a succession of adverse shocks since 2014, said the International Monetary Fund (IMF), affirming that” the outlook for Algeria remains uncertain and challenging”. Following a visit paid lately to Algeria wherein IMF staff held meetings with officials on the country’s economic developments and policies, the international […]
Somalia’s government will launch a “total war” against al-Qaida affiliated militant group al-Shabab following a recent deadly hotel siege in the capital Mogadishu staged by the group, Somali President Hassan Sheikh Mohamud announced in a televised speech on Tuesday (23 August). Mohamud said it is time to come together to defeat the enemy, adding that […]
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have partnered with Moroccan bank for Commerce & Industry (BMCI) to support women-led micro, small and medium-sized enterprises (MSMEs). EBRD will provide up to €20 million unsecured loan to BMCI for women entrepreneurs digitalization and MSMEs located in the regions affected by […]
