Mali insurgency

Egypt: $8.2 billion Suez Canal lane to be inaugurated in August

Authority Chief Mohab Mameesh has said that the second parallel waterway project of the Suez Canal will be completed in August and gave assurances that the transit toll will be not be increased. The cost of the project is around $8.2billion. The Suez Canal is one of the busiest water corridors in the world and […]

Morocco/Drug trafficking: Police search at Mohammed V airport ever efficient, two Brazilians nabbed

Security forces at Casablanca Mohammed V airport have arrested two Brazilian women suspected for drug trafficking, one week after the same forces apprehended three Tunisians. The Brazilians, aged 28 and 42, were nabbed Sunday upon their arrival from Brazil, reports say. Suspected of drug trafficking, police search revealed the presence of 2.8 kg of cocaine […]

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 […]