Headlines Tunisia

Tunisia: Bakers on strike over state’s refusal to pay €78 million subsidies; night protests continue for fifth day

Tunisian bakers have gone on strike across Tunisia to protest against the government’s reluctance to disburse around 78 million euros (TND250 million) in form of subsidy. The union of bakers of the North African country issued the strike order Tuesday. Mohamed Bouanen, the chair of the union told local media Express FM, that bakers are […]

Blogs Community

Severe floods in Nigeria kill more than 600, slow shipments of aid

The heavy flooding in Nigeria, which has covered farms and roads and slowed shipments of food and fuel, has now displaced more than 1 million people from their homes, with the death toll already surpassing 600. The country’s authorities are struggling to free up the gridlock, as a jump in prices is already making life […]

Africa International

Madagascar fires foreign minister following UN vote condemning Russia’s annexation of Ukrainian regions

Madagascar President Andry Rajoelina fired Tuesday the country’s top diplomat Richard Randriamandranto in connection with the UN vote last week condemning Russia’s annexation of Ukrainian regions. A decree signed by the President and the Prime Minister indicated that Defense Minister will take over the position in the interim. Local media, citing unnamed sources in the […]

Africa Europe Headlines International

Italy donates Niger two helicopters as part of military cooperation

Italy Tuesday donated two military helicopters to the Nigerien army in the framework of military cooperation between the two countries, news agency of the West African country reported. “As part of the military cooperation between our two countries, we have today handed over two helicopters to Niger. Next year, there will be two others,” said […]

Business Egypt Headlines

Egyptian e-commerce platform Kenzz secures $3.5m in seed fund

Kenzz, an Egyptian e-commerce platform bringing shopping to the mass market, has grabbed $3.5 million in seed funding to be used to grow product categories and hire talent, Tech Crunch reports. The round was led by U.S.-based and MENA-focused venture capital firm Outliers Venture Capital and investors include HOF Capital, Foundation Ventures, and Samurai Incubate. […]

Finance Headlines Morocco

King Mohammed VI chaired Council of Ministers that adopted 2023 appropriation bill

King Mohammed VI, who was accompanied by Crown Prince Moulay El Hassan, chaired, this Tuesday, at the Royal Palace in Rabat, a Council of Ministers devoted to examining the General guidelines of the 2023 appropriation bill and the adoption of a draft Dahir, three draft organic laws, three draft decrees as well as a number […]

Energy Europe Headlines International Morocco

Morocco & EU seal green partnership to decarbonize their economies

Morocco and the European Union signed on Tuesday in Rabat a “Green Partnership” to counter climate change, advance their energy transition, protect the environment and boost the green economy. The agreement was inked by Foreign minister Nasser Bourita and European Commission Vice-President Frans Timmermans. This is the first Green Partnership the EU signs with a […]

Columns Headlines Morocco Opinions

Morocco set on diversifying its drone arsenal

Morocco has reportedly purchased an unspecified number of China’s Wing Loong II medium-altitude, long-endurance unmanned aerial vehicles (UAVs) as it continues to bolster its air capabilities and drone arsenal. The news was reported by multiple defense outlets but no confirmation from Morocco where the army does not announce its procurements. The new acquisitions will further […]

Business Finance

Uganda’s thriving financial sector ranked no.1 in East Africa

Uganda is running an economy with the most developed financial sector in East Africa, which is only the latest feat that depicts a major milestone in the country’s race towards becoming a regional financial hub, with an eye to increased inflow of foreign direct investments, according to the latest study by the Official Monetary and […]

Business Finance

Living on the edge in sub-Saharan Africa — IMF report

Sub-Saharan Africa’s economic activity is expected to slow significantly in 2022 and remain relatively modest in 2023 and looking ahead, the outlook remains highly uncertain, the International Monetary Fund (IMF) said in its latest Regional Economic Outlook for Sub-Saharan Africa. A downturn in advanced economies and emerging markets, tighter financial conditions, and volatile commodity prices, […]