Central Bank of Somalia (CBS) has recently granted its first two foreign banking licenses — to Turkey’s Ziraat Katılım bank and Egypt’s Banque Misr — in decades as the country seeks to rebuild its financial sector and attract international investment. Both state-owned financial institutions were approved by Somalia’s central bank at the start of July. […]
International medical charity Doctors Without Borders (MSF) warned that sexual violence is being systematically used as a weapon of war in Sudan’s ongoing conflict between the military and the Rapid Support Forces. The war, which erupted on the 15th April 2023, is under investigation by the International Criminal Court for alleged war crimes and crimes […]
Libyan authorities are contemplating the imposition of taxes on foreign workers as an assertion of the State’s sovereignty over its territory and citizens. This approach is seen as essential for maintaining control over the labor market. Strengthening the legal and legislative frameworks that protect State revenues and safeguard its rights concerning expatriate workers in Libya […]
