champs-elysees

Essaouira picked to host UNESCO’s 2026 Creative Cities Conference

The Moroccan Atlantic city of Essaouira will host the 2026 Annual Conference of the Creative Cities Network of the UNESCO, becoming thus the first city in Africa and the Arab world to host the Network’s annual conference. The UNESCO said in a press release that this decision to hold the Annual Conference’s 18th session in […]

Remittance costs in Sub-Saharan Africa remain high despite fintech’s effort to slash fees

Sub-Saharan Africa remains the world’s most expensive region when it comes to transferring remittances, with an average cost of transferring money of 8.37% in the second quarter of 2024, according to the World Bank’s most recent report. This cost remains significantly above the global average, despite the increasing importance of remittances in the region’s economies. […]

Madagascar: Christian Ntsay re-appointed as Prime Minister for new term

Madagascar’s recently re-elected President Andry Rajoelina has re-appointed on January 4 his former Prime Minister Christian Ntsay for the same position, as he begins a second term in office following November disputed elections. Rajoelina Thursday told lawmakers of his party and allies that three criteria led him to choose Ntsay as Prime Minister. “Loyalty is […]