Half of the ten least performing currencies in the World are African, said a Bloomberg report, highlighting the risk facing some of the continent’s devalued currencies due to lack of dollar liquidity. Zambian kwacha, the Angolan kwanza, and the Nigerian naira are in the top 3 most fragile African currencies, according to the report. Zambia’s […]
The National Council for the Safeguarding of the Country, the junta in power in Niger, recalled Monday August 14 the country’s Ambassador to Cote d’Ivoire in reaction to the Ivorian leader’s push for military intervention to restore deposed leader Mohamed Bazoum. The decision followed recent remarks by Ivorian President Alassane Ouattara that indicated his “eagerness” […]
The bloody civil war and looming famine in Sudan are pushing thousands of civilians to flee to neighboring Chad and Central African Republic (CAR), whereby the spillover of the conflict is complicating a security landscape in both latter countries, UN officials and experts warn. Activities of armed groups in the volatile CAR have increased as […]
