King Salman gives instructions for investment of $1b in cash-trapped Pakistan

King Salman has issued a directive to invest $1 billion dollars into Pakistan, in confirmation of the Kingdom’s support for the country and its people, the kingdom’s state-run news agency indicated Thursday. The directive came during a telephone call between Saudi Foreign Minister Prince Faisal bin Farhan and his Pakistani counterpart Bilawal Bhutto Zardari. Bhutto […]

Coronavirus: Moroccan SoftGroup donates 10 Mln face masks to Interior Ministry & Other Departments

Soft Tech, a subsidiary of Moroccan SoftGroup, said on Monday it has produced 10 million facemasks, which will be donated to the Ministry of the Interior and other institutions. A press release issued by the company said that all human and technical resources have been mobilized to achieve this goal and produce locally these masks, […]

Africa’s crypto winter: arrest of FTX’s boss prompts calls for tighter regulation

At the heart of the Africa’s crypto boom was FTX, an international exchange run by US crypto guru Sam Bankman-Fried, whose collapse in November has sent shockwaves across the continent, along with calls for more regulation. An unknown number of African customers held funds on the Bahamas-based platform, as did numerous African startups. On Tuesday […]