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First Kofi Annan Peace and Security Forum held in Accra

The First Kofi Annan Peace and Security Forum was held in Accra, Ghana, this week with the participation of scores of high level delegates, including seven former African Heads of State, and Mohamed Ibn Chambas, Special Representative of the UN Secretary-General and Head of the UN Office for West Africa and Sahel (UNOWAS). The forum, […]

China expands yuan payment system to Africa and Asia, challenging dollar dominance

In a strategic move to reduce global reliance on the U.S. dollar, China has welcomed six new financial institutions from Africa, the Gulf, and Central Asia into its Cross-border Interbank Payment System (CIPS). The expansion, announced during a ceremony in Shanghai, brings direct participation in the yuan-based payment network to 174 institutions, as China steps […]

Egypt: PM Ismail’s government sworn in, more old faces than new

A new Egyptian government led by Prime Minister Sherif Ismail, the petroleum minister in the former government, was sworn in on Saturday. The new cabinet features almost half of the ministers that were in Mahlab’s government. The government is expected to be short-lived because a new government would be announced before the end of the […]