
Islamic development bank to lend Algeria $3 billion for projects over next 3 years
Bank President Muhammad Sulaiman Al Jasser told Algeria's Ennahar TV the funding will be directed toward projects including railway development, as part of the president's plan to connect the country's economic zones.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Reuters
4 days ago
- Reuters
Tunisians protest aginst President Saied, call country an ‘open-air prison'
TUNIS, July 25 (Reuters) - Hundreds of Tunisian activists protested in the capital on Friday against President Kais Saied, denouncing his rule as an "authoritarian regime" that has turned the country into an 'open-air prison'. Under the slogan 'The Republic is a large prison,' protesters marched along Habib Bourguiba Avenue. They demanded the release of jailed opposition leaders, journalists, and activists. The protest marked the fourth anniversary of Saied's power grab. In 2021, he dissolved the elected parliament and started ruling by decree, a move the opposition called a coup. They chanted slogans such as 'no fear, no terror ... streets belong to the people' and 'The people want the fall of the regime'. The protesters said Tunisia under Saied has descended into authoritarianism, with mass arrests and politically motivated trials silencing dissent. "Our first aim is to battle against tyranny to restore the democracy and to demand the release of the political detainees," Monia Ibrahim, wife of imprisoned politician Abdelhamid Jelassi, told Reuters. In 2022, Saied dissolved the independent Supreme Judicial Council and sacked dozens of judges, a move the opposition said was aimed to cement one-man rule. Saied said he does not interfere in the judiciary, but no one is above accountability, regardless of their name or position. Most prominent opposition leaders are in prison, including Rached Ghannouchi, head of the Islamist Ennahda party, and Abir Moussi, leader of the Free Constitutional Party. They are among dozens of politicians, lawyers, and journalists facing lengthy prison sentences under anti-terrorism and conspiracy laws. Others have fled the country, seeking asylum in Western countries. In 2023, Saied said the politicians were "traitors and terrorists" and that judges who would acquit them were their accomplices. "Prisons are crowded with Saied's opponents, activists, journalists," said Saib Souab, son of Ahmed Souab, the imprisoned lawyer Ahmed Souab who is a critical voice of Saied. "Tunisia has turned into an open-air prison. ... Even those not behind bars live in a state of temporary freedom, constantly at risk of arrest for any reason.", he added.


Reuters
22-07-2025
- Reuters
Turkey secures 2.4 bln euro green financing for rail to Azerbaijan's Nakhchivan
ISTANBUL, July 22 (Reuters) - Turkey secured 2.4 billion euro ($2.80 billion) in green financing for a railway project that aims to make a direct rail connection to Azerbaijan's Nakhchivan exclave, the state-run Anadolu Agency reported on Monday. Finance Minister Mehmet Simsek reposted the article by Anadolu on his X account and said the financing will strengthen Turkey's infrastructure, competitiveness and efficiency. Turkey signed the agreement with a group of lenders led by Japan's MUFG Bank, Anadolu said, adding the package is backed by Sweden's EKN and Austria's OeKB export credit agencies, as well as an unit of Islamic Development Bank. The project is part of Turkey's broader infrastructure strategy and expected to enhance regional trade and connectivity while supporting green transition goals, Anadolu said. ($1 = 0.8557 euros)


BBC News
09-07-2025
- BBC News
Rached Ghannouchi: Tunisian opposition leader jailed for 14 years
Tunisian opposition leader Rached Ghannouchi has been sentenced to 14 years in prison, adding to a string of other jail terms he has received in seperate who heads the moderate Islamist Ennahda party, was among 18 politicians and officials sentenced on Tuesday for "conspiring against state security". Ghannouchi's defence team denied the charges brought against the 84-year-old, saying the proceedings did not meet the standards of a fair the past few years, rights groups have repeatedly denounced the jailing of opposition figures in Tunisia, saying the sentences highlight an aggressive crackdown against critics of President Kais Saied. Ghannouchi has been in jail since 2023 and refused to attend Tuesday's sentencing recent months, he has received three sentences totalling more than 20 years, for charges such as money to news agency Tunis Afrique Presse, Ghannouchi's children, Mouadh and Tasnim, were also sentenced on Tuesday, although they had already fled the country. Both received 35-year sentences in Foreign Affairs Minister Rafik Abdessalem Bouchlaka and ex-intelligence chief Kamel Guizani were also sentenced in Saied suspended the Tunisian parliament in 2021 and began ruling by then, Tunisian and foreign rights groups have reported growing political repression in the country that sparked the 2011 Arab Spring opposition leaders have been jailed since 2021, along with some journalists, lawyers, activists and social media has rejected accusations of repression, saying his actions are aimed at bringing an end to the chaos and corruption under previous governments. More stories from Tunisia: Is democracy in Tunisia being destroyed?Pink flamingos 'seized from smugglers' in TunisiaTunisia lawyer arrested during live news broadcast Go to for more news from the African us on Twitter @BBCAfrica, on Facebook at BBC Africa or on Instagram at bbcafrica