Egypt Moody report lowers Cairo’s Suez Canal spirit

African start-ups break record with securing $1.2bn funding in 2024 — report

African start-ups recorded an impressive fundraising performance in July 2024, raising $420 million, the highest monthly figure since the tracking began in 2019, according to a recent report by Africa: The Big Deal. This sum also represents 2.5 times the average monthly amount raised over the past one year, signaling a strong rebound in investment […]

Morocco Readmits Migrants who Stormed Spanish Enclave

Morocco has accepted to readmit the Sub-Saharan migrants who got over a border fence separating the Spanish occupied enclave of Ceuta. “The 116 sub-Saharan migrants who entered Spain via the Ceuta border illegally yesterday (Wednesday) have been sent back to Morocco,” the Ceuta prefecture said in a statement. The migrants were returned under a 1992 […]

Libya: Time now for a peace and reconciliation agreement, Leon

The 3rd round for a political solution in Libya has begun in Algeria with U.N special envoy Bernardino Leon reminding the rival parties that a solution was needed because the country is on the verge of an economic breakdown. After more than four years of violence and insecurity in the country, the Central Bank has […]