The Africa Export-Import Bank, or Afreximbank, has incorporated 11 African central banks into its flagship Pan-African Payment and Settlement System (PAPSS) that offers an alternative in which participants can conduct transactions in their currencies, eliminating the necessity for a third-party currency such as the US dollar. The PAPSS is one of the Afreximbank’s efforts aimed […]
A British court has ruled that a government plan to send asylum-seekers on a one-way trip to Rwanda — designed to deter migrants from crossing the English Channel is unlawful. Court of Appeal judges said Rwanda could not be considered a “safe third country” where migrants could be sent, but — in a partial victory […]
About 500 entrepreneurs from the Gulf States, the Maghreb, Europe, and Mauritania, as well as officers of a number of different international organizations, attended the first Mauritania Investment Forum that took place in the Nouadhibou Free Zone on January 26-27. The event that was opened by Mauritania’s President Mohamed Ould Abdel Aziz, was later crowned […]
