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Gabon: French Media Critical of Regime Denied Entry in Libreville

Gabonese authorities have refused to grant entry visa to French media deemed critical of Ali Bongo’s regime after French Socialist party and other political figures questioned his re-election in a contested presidential election, reports say. Tension has risen between Libreville and Paris after the ruling socialist party in France openly called on Ali Bongo to […]

As battle of Tripoli drags on, Haftar’s funding erodes

The offensive on Tripoli waged by Haftar’s forces has lost momentum hitting a dead end as forces loyal to UN-backed government managed to thwart the attack. Meanwhile Haftar’s sources of funding are eroding as the conflict drags on. Haftar attached utmost importance to securing necessary funding for his LNA forces but still the Government of […]

East Africa’s weakening currencies don’t improve trade balances, defying economic theories

The depreciation of all domestic currencies in the East African region over the past year has not led — in a defiance of conventional economic theory and expectations of regional economists — to the improvement in trade balances, putting more pressure on foreign exchange rates. The depreciation of a country’s currency is supposed to make […]