G5-Sahel-CDS

Morocco’s central bank kicks off instant inter-bank payments

Clients of Moroccan banks can now enjoy instant transfers in real time and for free over the next three months, Morocco’s central bank said in a statement. The time-span for transfers between clients of Moroccan banks would now take no more than 20 seconds provided it is capped at 20,000 dirhams, it said. The initiative […]

Mauritania Receives Brazilian-made Super Tucano Jet Fighter

Mauritanian Air Force has received its first Brazilian-made Super Tucano jet fighter under a military deal passed last march with the aircraft manufacturer Embraer, without saying how many planes will be delivered to the African nation. However, some foreign diplomatic and intelligence sources say that Mauritania will be supplied at least three EMB-314 Super Tucano […]

The six African countries with highest debt to GDP ratios

Sudan, Cabo Verde, Mozambique, Republic of the Congo, and Egypt have been listed as countries with the highest debt to GDP ratio in the African continent. This came in a report by Yahoo Finance which listed 30 countries with the highest debt to GDP ratio. The report noted that Emerging economies and low-income economies are […]