Electroplast

Japan makes it clear Polisario has no place at TICAD

Japan dealt a blow to the Tunisian President Kais Saied who unilaterally invited the head of the Algeria-sponsored Polisario separatists to Japan-Africa development summit TICAD. The Japanese foreign minister made it clear the separatist entity had no place in TICAD and its presence does not mean Japan recognizes it. “Before concluding my speech I would […]

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 […]

Rwanda, Alibaba set up Africa’s First eWTP hub

The government of Rwanda and Alibaba have agreed to establish the first Electronic World trade Platform hub in Africa and to enable products from eastern African region to reach more than half a billion consumers of Alibaba, reports say. The deal is expected to spur the economic development and digital economy of Rwanda and ensure […]