Egypt’s Investor’s Union desperate about future

A recent report conducted by the Investors Union stated that approximately 1500 factories in Egypt have either closed or are operating at reduced capacity. Production has been falling since the economic crisis began and the number of factories to close will be increasing especially those importing raw materials to be used in local production. The […]

Ukraine: AU, African states voice concern over reported discrimination against Africans, EU says there is no proven discrimination

The reports of discrimination against African nationals trying to flee Ukraine have caused uproar, after Africans, mostly students, have accused Ukrainian security forces of racially profiling them, and of stopping them from getting on trains. The current Chair of the African Union and President of Senegal, Macky Sall, and the Chairperson of the AU Commission, […]

At Brazil’s G20 summit, IMF aims to get Africa’s unsustainable debt under control

As finance ministers and central bank governors of the G20 convene in Brazil this week (25-26 July), high on the agenda will be the International Monetary Fund’s (IMF) strategy to tackle Africa’s debt challenges, particularly the critical need for sustainable debt management and economic reforms. The IMF heads to Brazil G20 on a mission to […]