Jumia to exit Algeria citing stagnant market

Jumia Technologies AG said it will put an end to its operations in Algeria by the first quarter of 2026, as the company seeks to shift focus to strongest African markets. The move follows earlier exits from South Africa and Tunisia and forms part of a broader “geographic recalibration” aimed at improving operational efficiency and […]

OIC commends King Mohammed VI’s efforts to defend Al-Quds, support Palestinian cause

Secretary General of the Organization of Islamic Cooperation (OIC), Hissein Brahim Taha, commended the efforts made by King Mohammed VI, Chairman of the Al Quds Committee, to defend Al Quds and support the Palestinian cause. Ibrahim Taha made the remarks during a meeting earlier this week in Jeddah with a delegation from Bayt Mal Al-Quds […]

World Bank resumes cooperation with Gabon after military coup

The World Bank has resumed cooperation with Gabon several months after freezing all financing projects in the central African country in a reaction to the military coup of August 30 following an electoral process deemed rigged by the military. The Washington-based lender, local media ‘Gabon Review’ reports, notified the ministry of Finance and Economy in […]