At least 129 people were reportedly killed while trying to escape from the Democratic Republic of Congo’s (DRC’s) largest and chronically overcrowded prison in the capital Kinshasa. Congolese Interior Minister Shabani Lukoo said in a post on X on Tuesday (3 September) that “he provisional toll is 129 dead, including 24 by gunfire, after warning,” […]
Earlier this May, Fitch downgraded Egypt’s sovereign rating to “B” with a negative outlook. Three of the four banks, whose ratings it downgraded, are public banks exposed to the state. Rating agency Fitch downgraded on May 17 the credit ratings of four major Egyptian banks, namely The National Bank of Egypt (NBE), Banque Misr, Banque […]
Voices are rising in Morocco for a new donation campaign for the anti-coronavirus fund, which now has 9 billion dirhams ($975 mln). The fund was spurred by King Mohammed VI when the virus first outbroke in Morocco and gathered some 33.7 billion dirhams ($3.7 bln) thanks to generous donations from Moroccan enterprises and individuals. The […]
