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Algeria’s Import Restrictions Doomed to Backfire

The slump in oil prices prompted the Algerian government to seek temporary measures to reduce the trade deficit. The most notorious among these were import restrictions that affected more than 800 products. Algeria’s protectionism has so far backfired producing counter-productive results in a country that failed to diversify its economy away from utter dependence on […]

Rabat Draft Declaration on Environment Protection Adopted by 7th ICEM

The two-day 7th Islamic Conference of environment ministers (ICEM), held in Rabat on Wednesday, adopted the draft Rabat Declaration on Environment Protection and Achieving Sustainable Development Goals, which calls on member states of the Organization of Islamic Cooperation to commit to supporting the international agenda for sustainable development, in accordance with the regionally and internationally […]

African startups hit record $550 million in July funding

African startups achieved a two-year funding record in July 2025, raising $550 million across 61 deals worth at least $100,000 each, with Morocco emerging as a notable contributor outside the traditional “Big Four” markets. The exceptional performance was driven primarily by two Kenyan energy giants: d.light securing $300 million and Sun King raising $156 million. […]