Ethiopian plane crash

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 […]

UNDP supports Libya achieve public finance reform, digitization project

The Minister of Finance for the Government of National Unity (GNU), Khalid Al-Mabrouk, met with Sophie Kemkhadze, the Resident Representative of the United Nations Development Program (UNDP) in Libya, to discuss strengthening collaboration on completing the public finance reform project and advancing financial digitization in Libya. Talks focused on enhancing cooperation in medium- and short-term […]

Charter of African Ulema officially launched in Fez

The Charter of African Ulema (Muslim scholars) was officially launched during the 5th regular session of the Higher Council of the Mohammed VI Foundation for African Ulema. The event, which took place December 6-7, unfolded in the sidelines of the conference held in Fez. The Charter, launched at a ceremony held at the library of […]