African utility week

African central banks’ rigid exchange rate regulation scrutinized by IMF

The International Monetary Fund (IMF) has slammed African central banks for their misguided currency regulation, especially with regard to the ineffective disposal of their foreign exchange reserves. In particular, the IMF has scrutinized the African central banks’ rigid exchange rate regulations, criticizing them for disposing of their foreign exchange reserves in an ineffective attempt to […]

Cameroon: new frontline in China-Australia trade war?

Despite being sued by Australia’s Sundance Resources, Cameroon is set to begin in August the construction of a railway line with two China-affiliated businesses, connecting the coast to substantial iron ore deposit on Congo Republic border. In December 2020, the Perth-based Sundance Resources and two other Australian mining companies, who aspired to develop one of […]

Suriname to open embassy in Rabat, consulate in Dakhla

The Republic of Suriname has decided to open an embassy in Rabat and a consulate in Dakhla, in order to give impetus to bilateral relations and cooperation with Morocco. The announcement was made by visiting Surinamese Minister of Foreign Affairs, Albert Ramdin, at a press briefing on Thursday in Rabat.   The Surinamese top diplomat […]