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Experts urge African nations to shift to local currencies for trade and transactions

Experts at a recent 57th Conference of African Ministers of Finance emphasized the need for African governments to prioritize local currencies for trade and transactions. Hanan Morsy, chief economist of the UN Economic Commission for Africa, highlighted that reducing reliance on the U.S. dollar would protect Africa’s economies from external financial shocks. Africa’s use of […]

Brazil turns down Ankara’s extradition request of outlawed Hizmet member

Brazil’s Supreme Court Tuesday dealt a blow to Turkey after it ruled out Ankara’s demand for the extradition of a member of the Hizmet organization, outlawed by Turkish authorities for its alleged terror traits. Ankara submitted an extradition demand for Ali Sipahi, a businessman and owner of restaurants in Sao Paulo. Sipahi is member of […]

Moroccan sports company to outfit Mauritania’s team at AFCON 2019

The Mauritanian football association has chosen a Moroccan sports company to outfit the national team during the coming African Cup of Nations to take place in Egypt. Tangiers-based AB Sport will supply the team with boots and jersey for the tournament planned to start from June 21, online media Le360.ma reports. The outfit displays the […]