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Tunisia: President Essebsi says his party expects him to seek second term in office

President Caid Essebsi has said his party has asked him to seek a second term in office although he had said in April that he would not run for office owing to his age. Essebsi is founder of ruling Nidaa Tounes in power since 2014. In April, the 92-year old President had indicated that he […]

Africa to cut its reliance on West, unfair raw material trade practices – AfCFTA, Uganda leaders

African countries must reduce their reliance on other Western countries by boosting intra-Africa trade and also by eliminating their exploitation of Africa’s raw materials, according to the AfCFTA Secretary General and Uganda’s president. Speaking at the 2023 Zenith Bank International Trade Seminar on Non-Oil Export, the Secretary General of AfCFTA, Wamkele Mene, said that economic […]

Egypt converts fund into notes, bonds underway

The Governor of the Egyptian central bank, Hisham Ramez, has said that they have converted $2,5billion into 18-month notes and there are ongoing plans to convert an extra $3 billion into three-year bonds. The monies were provided by Qatar as deposits to the bank as part of its efforts to help Egypt overcome its crisis […]