Following a recent string of military coups, retaliatory sanctions, and withdrawal of its member states, it became clear that the Economic Community of West African States (ECOWAS) lacks authority, legitimacy, and effective sanction and intervention instruments, and thus, as observers warn, it must either reform or decline. Once considered Africa’s most institutionally developed regional organization, […]
The power struggle in Libya has led to a cocktail of factions all aspiring to rule the country or at least a portion of it. The government seems to lose control of the country. The rebels and Islamist groups are enjoying the upper hand. In their bid to increase their influence in the North African […]
There are reports that Egyptian banks have been ordered by the Central Bank to refrain from doing business with some banks in African and Arab countries amongst which are Qatar, Libya, Syria and Sudan. The central bank’s decision is aimed at reducing the scale of money laundering in compliance with the anti-money laundering laws. Several […]
