Ethiopian PM Ahmec Aby

Kenya’s supreme court validates William Ruto’s win in presidential election

Kenya’s Supreme Court has unanimously validated the results of the disputed presidential election held last month in which Vice President William Ruto was declared winner with 50.5% of votes. The verdict — following a ruling on a number of petitions brought by Ruto’s closest challenger Raila Odinga — was delivered by Martha Koome, chair of […]

Morocco Launches First Financial Futures Trading, Milestone Derivative in Casablanca Stock Exchange

Bank Al-Maghrib and the Moroccan Capital Market Authority (AMMC) announced on Monday the start of futures trading in financial instruments with first listing of a standard futures contract on the MASI 20 equity index. A futures market is a regulated financial marketplace where participants buy and sell standardized contracts to deliver commodities or securities at […]

Turkey prepares naval drills off Libyan coast, a show of force amid tensions with France

The Turkish Ministry of National Defense will soon carry out large-call naval exercises off the Libyan coast to prove ability to control the region by air and sea, amid tensions with France over the oil-rich African country. The maneuvers dubbed “Naftex” will take place in three different regions: Barbaros, Turgutreis and Chaka Bey, Middle East […]