AfDB allocates €92.3m for entrepreneurship, jobs in Tunisia
The African Development Bank (AfDB) has approved a €92.3 million financing package to support Tunisia's Support…
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AfDB forecasts Algeria’s GDP to grow by 4.0% in ’24, 3.7% in ’25
The African Development Bank (AfDB) forecasts Algeria’s gross domestic product (GDP) will grow by 4.0 per cent in…
US small-business sentiment hits highest level since Feb ’22
US sentiment among small-business owners improved in July 2024, with the Optimism Index rising by 2.2 points to…
S. Africa’s mining production falls 3.5% YoY in June, sales 18.2% up
South Africa's mining production in June 2024 declined by 3.5 per cent year-on-year (YoY), with significant…
S. Africa’s unemployment rate rose to 33.5% in Q2
South Africa's unemployment rate rose to 33.5 per cent in the second quarter of 2024 for the third time in a row,…
WB Group launches advisory council to address global jobs crisis
The World Bank Group has launched a High-Level Advisory Council on Jobs to tackle the anticipated jobs crisis in…
Egypt forms advisory committee to boost oilfield production
Egyptian Petroleum and Mineral Resources Minister Karim Badawi has initiated the formation of a new consulting…
Fitch downgrades Israel to ‘A’, negative outlook
Fitch Ratings has downgraded Israel’s Long-Term Foreign-Currency Issuer Default Rating (IDR) from 'A+' to 'A,' with…
Egypt’s wheat tender falls short of target
Egypt is having difficulty securing wheat in advance, with its state buyer acquiring less than a tenth of its…
Oil down on Tuesday
Oil prices declined after a five-day rally, with Brent falling below $82 a barrel and West Texas Intermediate (WTI)…