Half World’s 10 least performing currencies are African

Half of the ten least performing currencies in the World are African, said a Bloomberg report, highlighting the risk facing some of the continent’s devalued currencies due to lack of dollar liquidity. Zambian kwacha, the Angolan kwanza, and the Nigerian naira are in the top 3 most fragile African currencies, according to the report. Zambia’s […]

Sudan: UN Security Council condemns rising violence, humanitarian attacks

The UN Security Council has voiced grave concern over the escalating violence across Sudan, particularly in and around El Fasher, the capital of North Darfur. In a statement released on June 12, the Council recalled Resolution 2736 of 2024, which demands that the Rapid Support Forces (RSF) immediately cease their siege of the city. The […]

Two financiers of Moroccan fighters in Syria, Iraq arrested

Policemen arrested on Wednesday two brothers in Meknes for their alleged involvement in the illegal transfer of funds to Moroccan fighters in Syria and Iraq, National Police (DGSN) said Saturday in a statement. Investigations revealed that the two suspects had opened bank accounts to receive funds that they transfered to fighters in Syria and Iraq […]