IFC

Algeria struggles to feed its people as crisis bites

Algeria’s state coffers have dried up! The country’s president now delivers public addresses to try in vain to reassure the people about the supply of cooking oil, flour and milk as queues get longer every day in front of stores. Ramadan this year is tough for Algerians who are hit by the double impact of […]

Morocco, Spain renew interest in undersea tunnel

The long-discussed undersea tunnel that would link Morocco and Spain across the Strait of Gibraltar has gained fresh momentum following the signing of new contracts aimed at reviving the ambitious infrastructure project. Spain’s Ministry of Transport has commissioned public company EniCo to conduct a comprehensive financial feasibility study, backed by €350,000 in funding from the […]

Sahel: European Commission Announces a €191.3 million Humanitarian Aid Package

As the Sahel region experiences its worst food and nutrition crisis in five years and continued insecurity, the European Commission has announced Tuesday a humanitarian aid package worth €191.3 million. Over one third of the amount, i.e. €70,6 to be shared between Mali and Nigeria. “There is no time to waste with many affected by […]