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Bank intermediation dominated Mauritanian banks’ activities in 2023

In 2023, banking intermediation was at the heart of Mauritanian banks’ operations, as they leveraged their deposit-taking and lending activities to support growth. According to the Central Bank of Mauritania’s 2023 annual report, this activity accounted for 65.1% of the banking sector’s total consolidated assets. Customer deposits at the 17 banks operating in the country […]

Rwanda aspiring to become hub for AI, nuclear research in Africa

Rwanda has recently signed two landmark deals that may see the East African country become a hub for research in the field of Artificial Intelligence (AI) and nuclear energy — both of which are part of Rwanda’s ambitious aspirations to become an upper-middle income country by 2035, and a high-income country by 2050. Rwanda has […]

Algeria warns El Watan and draws more red lines for its co-opted press

Algeria’s Ministry of Communication this week formally warned the independent daily El Watan, over a front page headline describing parliamentary debate on a new highway code. Citing the controversial 2023 information and press laws, the ministry threatened further measures should the newspaper fail to comply, in the latest attack on what remains of independent media […]