The mining industry in Zambia, the country’s main provider of foreign exchange, brought in $60 to $65 million from February to April, compared to the $90 million expected. Zambia is the second largest copper-producing country on the continent. Severe global restrictions on movement have hit mining supply chains and hindered the export and sale of […]
After it moved Sudan’s deposed president Omar al-Bashir to Kobar prison in the capital Khartoum late on Tuesday, the transitional military council announced Wednesday the arrest of two of his brothers as part of a purge of the former regime. Abdullah and Alabas al-Bashir have been taken into custody on corruption charges, the council’s spokesman […]
Bank Al-Maghrib, Morocco’s central bank, decided Tuesday to increase its key interest rate by 50 basis points to 2 percent and to continue to monitor closely the economic developments, both nationally and internationally, and in particular, the evolution of inflationary pressures. The decision was made by the Bank’s Board after having analyzed the international economic […]
