Sound-Energy-Tendrara

Tanzania central bank to sell dollars to commercial bank amid liquidity crisis

Tanzania’s central bank will begin selling US dollars to commercial banks to boost liquidity amid high demand for foreign currencies. “The initiative aims to ensure adequate foreign currency liquidity in the market. In addition, it intends to ensure customers’ demands for foreign currency are met through licensed financial institutions at the prevailing market prices,” the […]

Gold Price Correction Freezes Morocco’s Jewelry Market as Buyers and Sellers Both Hold Back

Gold prices have fallen sharply on international markets, retreating to their lowest levels since November 2025 and erasing approximately eight months of accumulated gains. The metal has declined more than 13 percent over one month and more than 22 percent from its January 2026 peak. In Morocco, the correction has transmitted directly to the local […]

President Tebboune confirms Algeria’s status as vassal state of Russia in North Africa

President Tebbboune has willingly thrown his country in the arms of Russia, confirming Algiers status as a satellite state of Moscow, in a move that will anger the West and probably draw sanctions on Algeria. Following months of swinging between France and Russia, Tebboune has officially hedged the Algerian wagon to the Russian train. Speaking […]