Centre for European Reform

Still Short of USD:Egypt’s Booming Foreign Currency Black Market

Egypt’s central bank has lately taken some exceptional steps to help the Egyptian pound and restrain the black market in foreign currencies. Despite the central bank’s effort, the currency black market is thriving around the country, which suggests that the limits of the economic recovery since the fall of ex-President Morsi in July last year […]

Mali: Tragedy strikes informal mining sector, dozens perish in mine collapse

A devastating collapse at an illegal gold mine near Kéniéba in Mali’s western Kayes region has claimed over 40 lives, predominantly women, highlighting the perilous nature of informal mining operations in one of the world’s major gold-producing nations. The tragedy occurred when prospectors entered abandoned open-pit areas in search of remaining gold deposits. This catastrophe, […]

World Bank lends Tunisia $400m for social reforms

The World Bank Tuesday announced the intent to provide $400 million to Tunisia in view of backing social reforms. Ferid Belhaj, World Bank Vice President for Middle East and North Africa, made the announcement to Tunisian Prime Minister Najla Bouden during a visit. The World Bank official also indicated that the US-based institution will help […]