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Nigeria plans to launch a digital version of its currency: the eNaira
Nigeria, which has partnered with a foreign fintech company, will be a pioneer in Africa, as will its West African neighbor, Ghana, which has been testing its e-Cedi as a new medium of exchange since September. Central banks around the world are exploring ways to create digital versions of their currencies in response to the […]
Ethiopia rejects Egypt’s plan for filling, operating $4 billion Renaissance Dam
The Ethiopian government has rejected outright Egypt’s proposal on the filling and operating of the $4 billion hydropower dam, the Great Ethiopian Renaissance Dam (GERD), being constructed by the Horn of Africa country on the Nile. Addressing a press conference in Ethiopia’s capital Addis Ababa Wednesday, Sileshi Bekele, minister for Water, Irrigation and Electricity described […]
Brazil appoints new ambassador to Morocco
Brazilian President has appointed Julio Glinternick Bitelli as Brazil’s new ambassador to Morocco, it was officially announced last week. The new envoy will replace incumbent Jose Humberto de Brito Cruz who is still in his position in the North African country. The nomination has been approved by the Senate, which approved several other appointments. Bitelli […]



