Rising tensions in Ethiopia’s Tigray threaten regional stability, warns ACSS report

A new report warns of escalating rivalries among Tigrayan political leaders, raising fears that these tensions could derail the process of reintegrating the region into Ethiopia’s federal structure, ultimately spiraling into a broader conflict involving neighboring Eritrea and other regional powers. A fragile ceasefire, signed in November 2022 between Ethiopia’s government and the Tigray People’s […]

Egypt, next Arab and African state to open a consulate in Morocco’s Sahara

Egypt is said to be the next Arab and African state to express its support for Morocco’s territorial integrity by opening an embassy in the Sahara region, Egyptian media reported. President Sisi will send his foreign minister to Rabat for that purpose following similar steps by the UAE, Bahrain and Jordan in addition to several […]

Nigeria caps weekly cash withdrawals, Moody’s warns of ‘very high’ foreign currency risks

Nigeria’s central bank has imposed restrictions on weekly cash withdrawals to limit the use of cash as credit agency Moody’s warned that the country’s banks face tough challenges over a dollar shortage. Foreign currency risk is “very high” for Nigeria’s banking system, according to a report by Moody’s. Nigeria is one of seven countries worldwide […]