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Crypto winter: in wake of FTX’s collapse, Africa’s crypto community calls for urgent regulation

The recent collapse of FTX exchange platform has sent shockwaves around the world, taking with it billions of investors’ money, including in Africa where crypto investors are now taking stock of their own losses. While some users in the United States and the Bahamas were able to withdraw their funds before the full crisis hit, […]

Algeria’s foreign exchange reserves plunge amid drop in oil revenues

Algeria’s public debt rose to 45% of GDP while its foreign exchange reserves continue to shrink on the back of falling oil prices in international market boding ill for the social peace of a country where dissent is growing. Newly appointed Prime Minister Abdelaziz Djerad sounded the alarm bell recently while speaking to MPs about […]

Sahara/UN: Morocco tells de Mistura its Autonomy Plan gaining international recognition & ONLY solution

Moroccan foreign minister Nasser Bourita conferred Monday in Rabat with UN Sahara envoy Staffan de Mistura who is touring the region ahead of the mid-April UN Security Council informal consultations on the Sahara. The meeting was attended by Omar Hilale, Morocco’s Ambassador to the United Nations. During these talks, the Moroccan delegation highlighted the international […]