Central Bank of Libya has issued an apology following a major disruption to the country’s electronic payment infrastructure, after an unprecedented surge in transaction volumes triggered system instability across commercial banks. According to the Bank, around two million point-of-sale (POS) transactions were recorded in a single day across approximately 67,000 terminals nationwide, placing excessive strain […]
Uganda has issued a license for the construction of a pipeline across the country and Tanzania to transport hydrocarbons from East Africa to international markets, a project that has raised the ire of environmentalists. “The approval (of the license) is another sign to demonstrate the common commitment of the two countries to develop the EACOP […]
Less than a year after King Mohammed VI paid a landmark visit to East Africa that was crowned by the launch of several development projects in the visited countries, a Moroccan delegation is currently touring the region to assess the progress made in the implementation of these projects. The delegation’s tour includes Ethiopia, Rwanda Tanzania, […]
