South African President Cyril Ramaphosa has declared an “economic emergency,” unveiling a sweeping 10-point plan aimed at resuscitating the country’s stagnating economy. The announcement comes amid escalating tensions at power utility Eskom, deepening financial turmoil within the ruling African National Congress (ANC) party, and widespread investor skepticism. Speaking at a high-level ANC meeting, Ramaphosa announced […]
Spanish security services announced on Monday the arrest of two Moroccan nationals having links to the terror ISIS organization. According to a press release issued by the Spanish Interior Ministry, the two men, residing in the southern Spanish city of Murcia and the northern city of Valladolid, were planning to carry out an attack in […]
The United Nations Economic Commission for Africa is concerned about the alarming decline in remittances from African Diaspora. With the global economic crisis, these Diasporas are sending less money to their countries of origin. This year, the decline is expected to reach 21% or $18 billion less than in 2019. The anti-poverty organization ONE and […]
