Central African nations agree to merge two regional economic blocs

Central African ministers meeting in Cameroon Wednesday August 10 have agreed to merge the 11-member Economic Community of Central African States (ECCAS) with the six-member Economic and Monetary Community of Central Africa (CEMAC) in a move to boost trade and growth. The economy ministers said they want to foster regional integration, accelerate economic transformation and […]

Russia sends military trainers, arms to Niger

Russia has sent a group of military trainers and air defense systems to Niger, few days after Niamey ended military cooperation with the US. Niger has aligned itself with Moscow since a coup, that followed the example of neighboring Mali and Burkina Faso. The three coup-hit Sahel states have expelled French troops and bolstered ties […]

Central Bank of Libya holds first unified board meeting since 2014

The Central Bank of Libya, CBL, held Monday for the first time a full board meeting since 2014 after which the bank was split into two. The bank, Libya Observer reports, held a full-quorum meeting for the first time in six years to discuss fixing exchange rates of the Libyan dinar to foreign currencies. The […]