Egypt’s Central Bank proclaimed their foreign reserves reaching the “critical” levels after it had sold about 75 million USD in its first private auction to banks, Bloomberg reports. Egypt’s foreign reserves are well below the levels prior to 2011 uprising against former President Mubarak, when the Central Bank commenced to support the Egyptian pound by […]
The Democratic republic of Congo’s authorities will relocate some 10,000 families from a south-eastern town rich in cobalt estimated to be worth billions of dollars, local media reported. The mineral-rich nation produces 60% of the world’s supply of cobalt. The mineral is used to produce lithium-ion batteries used to power electric cars, laptops and smartphones. […]
Morocco navigates complex geopolitical transformations with confidence and determination under King Mohammed VI’s guidance, consolidating its position as a credible regional and international actor, Chamber of Counselors President Mohamed Ould Errachid affirmed Tuesday during the legislative session’s closing ceremony. Addressing the context surrounding the 2025-2026 session’s first sitting, Ould Errachid highlighted pervasive uncertainty characterized by […]
