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Africa’s venture-capital market shrunk by whooping 40% in 2023, as startups struggle

The African venture-capital (VC) market witnessed a 40% drop in funding from the previous year in the first six months of 2023, reflecting cautious investor sentiment and sparking concerns for startups’ future. In the first half of 2023, a mere 263 VC deals were executed, collectively accounting for $2.1 billion, which represents a 40% decline […]

Morocco Hands over Multimillion-Euro Baroque Painting to Italy

Moroccan authorities handed over to Italian counterparts a stolen 17th century Baroque Italian painting worth up to six million euros. The painting by Giovanni Francesco, known as Guercino, had been recovered in Morocco after being stolen from a church in the northern Italian city of Modena in 2014. The Moroccan police returned the painting to […]

Senegal, France set up commission to oversee withdrawal of French military bases by end of 2025

Senegal and France have decided to establish a joint commission to handle the withdrawal of all French military personnel from the West African nation by the end of 2025. The joint commission is tasked with managing the departure of 350 French troops and the handover of French military bases, a joint statement from the foreign […]