Algeria -queues for milk

Egypt gets $500m from World Bank to finance vulnerable classes support program

The World Bank has granted Egypt a new development financing of $500 million to support the “Takaful and Karama” program according to the Arab country’s Minister of International Cooperation Rania Al-Mashat. Takaful and Karama program supports the most vulnerable classes against the implications of the global economic crises and external shocks. The financing will support […]

Moroccan stock exchange expects up to 5 IPOs annually

Morocco’s stock exchange is on a charm offensive in London to promote initial public offerings and expose merits of listing for companies that seek to boost liquidity. Speaking to Reuters, head of Morocco’s stock exchange Tarik Senhaji said he expects the bourse to attract 3 to 5 IPOs annually. The reform of state-run enterprises would […]

Algeria’s bus tragedy reveals rot beneath the surface

When a 21-year-old bus plunged off a bridge into the Oued El Harrach on August 15, killing 18 and injuring 24, it didn’t just crash into a river, it sank into a lake of sewage that has been left untreated since the country’s independence. The site, long known for its toxic pollution and foul stench, […]