european-parliament

UAE Developer unveils luxury complex in Rabat, its largest project in Africa

Abu Dhabi-based urban developer IMKAN has unveiled a luxury complex in Rabat: Le Carousel. This project, IMKAN’s largest in Africa is a mixed-use complex located on the Rabat Corniche and will be completed in about 5 years. Just about 15 minutes from downtown and the motorway, this project covers about 10.5 hectares of which 50% […]

Sudan: shelling rocks Khartoum as 24-hour ceasefire ends

As the latest in a series of ceasefire agreements ended in Sudan at 6am on Sunday (11 June), only minutes later gunfire and shelling resumed again in the capital Khartoum. The 24-hour ceasefire agreement had given civilians rare respite from nearly two months of war, enabling them to venture outside and stock up on essential […]

China expands yuan payment system to Africa and Asia, challenging dollar dominance

In a strategic move to reduce global reliance on the U.S. dollar, China has welcomed six new financial institutions from Africa, the Gulf, and Central Asia into its Cross-border Interbank Payment System (CIPS). The expansion, announced during a ceremony in Shanghai, brings direct participation in the yuan-based payment network to 174 institutions, as China steps […]