second oil & gas summit

U.S. imposes sanctions on Algerian entity for its ties with terrorist-labelled organization Hamas

The United States has imposed sanctions on Algerian NGO Al Baraka over its ties with Hamas and financial support provided to its terrorist activities. Hamas has been designated by the U.S. foreign terrorist organization. “El Baraka, based in Algeria, diverted funds intended for humanitarian causes to fund Hamas. As President of El Baraka, Ahmed Brahimi […]

Drought continues to weight on Morocco’s job market

Drought continues to slash jobs in rural areas leading to the surge of the unemployment rate to 13.3% in 2024, compared with 13% in 2023, the statistics agency HCP said. The number of unemployed people in Morocco reached 1.638 million people last year, ringing the alarm bell for the government. The unemployment rate was notably […]

Nigeria’s naira plunges to record lows as citizens react to govt’s redesign plan

Nigeria’s currency, the naira, has dropped to a record low against the US dollar as Nigerians scramble to stockpile the greenback ahead of a redesign of naira notes. It has been just over a week since the Central Bank of Nigeria (CBN) announced its plan to redesign the country’s highest paper denominations – the 200-, […]