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Benin to build Financial district in capital Cotonou

Benin is set to launch the construction of its first Financial district planned to be home to financial institutions and key companies including State-run firms, “24 Au Benin” reports. The first phase of the project is about the construction of one five-storey building used for offices, two seven-storey buildings also for offices. The first phase […]

The fall of Algerian dinar augurs ill for Algeria’s social peace

The Algerian government has devalued the Dinar on the back of dwindling foreign exchange reserves provoking high inflation and concerns of violent unrest. Since the end of the era of expensive oil in 2014, the Algerian dinar took a plunge and now trades for 200 dinars per Euro in the black market. From 200 billion […]

Libya : UN proposes “presidential council” with independent personalities

UN has presented a six-point proposal to end the stand-off between the two rival governments in Tripoli but it is yet to be accepted. The plan entails a “presidential council” with two deputies and “independent personalities not belonging to any party or affiliated with any group” to oversee the transitional period of the country during […]