HRC urgent debate on racism

Inflation-hit Zimbabwe launches new gold-backed currency

Zimbabwe has finally launched a gold-backed currency to bring down inflation, ending a decade of dollarization. The new currency or Zig- standing for Zimbabwe Gold- is the latest attempt to end hyper-inflation in the country which lasted for 25 years. Zig is intended to be a market-determined exchange rate, said Zimbabwe’s central bank governor while […]

Libya: UN Security Council urges consensus-based resolution for Central Bank crisis

UN Security Council members voiced concerns over recent tensions in Libya, urging all Libyan actors and institutions to avoid unilateral actions that could escalate conflicts and deepen divisions. The council members called on Thursday for a de-escalation of tensions, urging Libyan leaders to refrain from using force, threats, or economic pressure, and to seek a […]

Traoré appointed Burkina Faso’s president amid concerns he could ally with Russia

Captain Ibrahim Traoré was appointed president of Burkina Faso on Wednesday (5 October), less than a week after the latest coup that deposed Damiba amid growing violence in the Sahel. The Sahel country plunged into political turmoil on 30 September after the second coup in less than nine months that saw a group of officers […]