BaniWalid-council

Africities Declaration: Firm Commitment to Back Development Agendas for a Secure, Prosperous, Peaceful Africa

Participants in the 8th Africities Summit, held in Marrakesh, November 21 through 24, expressed their firm commitment to back the various development agendas seeking to establish security, prosperity and peace in Africa and emphasized that the transition to sustainable cities and territories “is not an option, but a pressing need”. In a final declaration, participants […]

Ugandan, South Sudanese troops join EAC force in DRC’s east as rebels ignore retreat deadline

About 1,000 Ugandan troops and a first batch of at least 45 South Sudanese soldiers have entered the Democratic Republic of Congo (DRC) over the weekend to join the seven-nation East African Community (EAC) military force trying to stem the violence in the country’s eastern region wracked by the M23 rebellion. Ugandan troops operating as […]

Libya takes bold steps to address liquidity crisis with new banknote printing and digital payment initiatives

Libya is enacting extraordinary measures to tackle its persistent liquidity crisis. On December 5, 2024, the Central Bank of Libya announced a partnership with the British company ‘De La Rue’ to print 30 billion dinars (approximately $6.25 billion) in new currency. This decision follows years of acute financial difficulties, compounded by political instability since the […]