devises

Angola’s debts to China, a record of over $40 billion

The UK’s international institute Chatham House revealed that Angola is the African country that has borrowed the most from China in the last 20 years, to the tune of over $40 billion. Experts in Luanda differ on the relevance or threats of these loans. While some consider that this practice is bad for the country […]

Morocco, Cuba Restore Diplomatic Ties after 37 Years of Severance

Morocco and Cuba have ushered a new era by restoring their diplomatic ties and turning the page of 37 years of severance on the backdrop of Havana’s alignment on the Polisario separatist thesis. The re-establishment of diplomatic ties was announced following a meeting between the heads of the permanent missions of the two countries at […]

Chad thaws ties with Cameroon, ambassador returns to Yaounde

Chad’s ambassador to Cameroon Djidda Moussa Outhman returned Wednesday to Yaounde, the Cameroonian capital, nearly two months after being recalled for consultation in protest to Cameroon’s reaction after authorities nationalized an oil company. Chad Foreign ministry in a statement issued Wednesday indicated that Outhman is back to Cameroon. Both countries fell out in April after […]