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Microfinance: EIB supports Moroccan very small businesses with €3 million loan

The European Investment Bank (EIB) will grant Al Amana Microfinance NGO a €3 million loan destined to support the development of Moroccan micro-enterprises and very small enterprises (VSEs), with a special focus on supporting women entrepreneurs. The agreement between the two sides seeks to facilitate access of micro-enterprises and VSEs to finance, the EIB explained […]

South Sudan: gunmen kill 15 as UN reports 35% rise in people affected by violence

Unidentified assailants have reportedly shot dead 15 individuals in South Sudan’s Pibor region, including its commissioner, just as a new UN report found that the number of people affected by violence in the country surged by 35% in the last three months of 2023 due to ongoing inter-communal conflict. “The commissioner and his team visited […]

Algeria: Controversial Amended Constitution Re-introduces two-term limit

Algerian lawmakers Sunday re-introduced two-term limit into the national constitution formerly removed by President Bouteflika in a move to stay in power for life. The two-term limit is part of a package of modifications adopted by 499 lawmakers to two, with 16 abstentions. Long demanded by the opposition, the modification comes as the regime struggles […]