The eight countries of the West African CFA franc zone plan to issue 2.723 trillion CFA francs ($4.82 billion) in debt in 2019, Reuters reported. Member countries using the West African CFA franc – a currency pegged to the euro – include Ivory Coast, Senegal, Guinea-Bissau, Mali, Burkina Faso, Niger, Togo and Benin. They share […]
The European Union’s decision to impose 50% tariffs on steel imports beyond a reduced quota has sent ripples through global markets — and Africa is bracing for the fallout. While most African countries are technically exempt from the EU’s new tariff regime under WTO rules, the continent may still face serious indirect consequences. With major […]
Algiers and Tripoli were rooted at the bottom of a table as the third and second least livable cities in the world, on par with war-torn Damascus which has kept the notoriety of being the worst city to live in since 2013, the Economist said. Kyiv, at the heart of the ongoing Russian-Ukrainian war, […]
