Nigerian naira, Malawian kwacha and Rwandan franc have been named the worst-performing African currencies against the US dollar in 2024, according to a latest report, having faced an array of challenges, from persistent trade imbalances, dwindling foreign reserves, to political instability. Some African nations strengthened their currencies, while others faced worsening exchange rates in 2024. […]
The Algerian army Sunday killed a Mauritanian gold miner and wounded another one after six vehicles crossed into Algerian territory to prospect for gold. A joint statement by the Mauritanian interior and foreign ministries relayed by state-run news agency indicated that the Algerian army opened fired on Sunday morning on “a convoy of surface gold […]
Morocco’s strategic petroleum reserves are sufficient to cover domestic market needs for about 30 days, a senior official source told Hespress, as authorities closely monitor global energy volatility stemming from the conflict in the Middle East. The Ministry of Energy Transition and Sustainable Development has been tracking international supply chains and price movements and stands […]
