Nairobi rises as UN global hub amid NY, Geneva office cost-cutting

Kenya’s capital Nairobi is set to become a major global hub for the United Nations, as the organization moves to decentralize operations and cut costs by relocating key offices from expensive cities like New York and Geneva. By late 2026, Kenya’s capital will host three new global offices — UN Women, the UN Children’s Fund […]

Bank of Algeria has a new Governor

Benabderrahmane Aymane was appointed Governor of the Bank of Algeria, in replacement of Ammar Haiwani who was acting Central Bank Governor since April 2019. The announcement was made by the presidency in a statement. The Bank of Algeria recently made the headlines after issuing a note, ordering banks to require their customers to provide proof […]

Taming the Praetorian Temptation in Egypt

When Mohamed Morsi won the presidential elections in Egypt, a conflict between the president and the Supreme Council of the Armed Forces (SCAF) was only a question of time. Morsi’s move to call the Parliament back into session was nothing less than the opening salvo in this conflict and a strong reminder by the President […]