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World Bank loans Tunisia $300m to curb poverty

The World Bank has allocated Tunisia $300 million to help support more than one million Tunisian families living under the poverty line, the office of President Kais Saied said Monday. The announcement came following a meeting between the Tunisian President and Férid Belhadj, World Bank Group Vice President for MENA region.   Financial support, the […]

Morocco: Seven individuals arrested in Casablanca for kidnapping, blackmail

Morocco’s Directorate General of National Security (DGSN) dismantled Tuesday a seven-member criminal network, involved in blackmail and kidnapping. The dismantled criminal network, including a security officer from the Casablanca police prefecture and a wanted fugitive, was involved in kidnapping, forcible confinement and identity theft for the purpose of extortion, DGSN said in a press release. […]

Congo’s franc revival: a high-stakes test for African monetary sovereignty

The Democratic Republic of Congo has launched an ambitious plan to reclaim monetary control by reversing decades of deep-rooted dollar dependence. Newly appointed Central Bank Governor André Wameso has placed restoring confidence in the Congolese franc (CDF) at the heart of his mandate. Today, nearly 90% of Congo’s transactions — from mineral exports to daily […]