WB Ferid Belhaj

South Africa’s Rand depreciates after poll showing Zuma’s political return

A Bloomberg report on a poll showing a drop in ANC popularity ahead of the upcoming elections was enough to plunge South Africa’s currency, the Rand. The poll revealed that corruption-plagued ANC will face its first-ever electoral test since apartheid due to a surge in support for former president Jacob Zuma and his uMkhonto Wesizwe […]

UN Expert Urge Rich Countries to Act to Halt Boat Deaths offshore Libya

A UN expert has called on rich Western countries to take in some thousands of the Syrian and sub-Saharan migrants to end the tragedies of boat disasters occurring in the Mediterranean Sea. The call was made as the EU leaders are convening an emergency summit in Brussels to discuss the migration crisis and consider all […]

COVID-19: AfDB unveils $10 billion Response Facility

The African Development Bank Group has announced the creation of the COVID-19 Response Facility to assist regional member countries in fighting the pandemic. The Facility is the latest measure taken by the Bank to respond to the pandemic and will be the institution’s primary channel for its efforts to address the crisis. It provides up […]