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Africa’s BRICS currency dilemma: feasible alternative or definite non-starter?
Discussions among the BRICS member countries continue over the formation of a united currency that would facilitate trade between BRICS nations and decrease reliance on the ‘greenback’, though whether this ambitious plan succeeds is far from certain, many analysts say. In May, BRICS member countries India and Nigeria announced they had officially signed an agreement […]
AU/PSC reaffirms support for Libya’s sovereignty, calls for national dialogue and ceasefire
The African Union’s Peace and Security Council has reaffirmed its unwavering commitment to Libya’s sovereignty and territorial integrity, underscoring support for a nationally owned political process and national reconciliation. In a communiqué issued after a high-level meeting, the Council called for inclusive and transparent presidential and parliamentary elections to be held without delay. It also […]
EIB lends Morocco’s Credit Agricole €200 mln
The European Investment Bank offered a €200 million loan to Morocco’s Credit Agricole to support funding for agricultural f projects. The loan aims to promote bio-agriculture and support the agriculture ministry’s “Green Generation 2020,” the two banks said in a statement. The new financing will benefit agriculture supply chains including production, storage, logistics, packaging, transformation […]



