haftar-general

Tuna bond scandal: Mozambique and Swiss UBS bank reach out-of-court settlement

Mozambique’s bond market has rebounded following UBS Group AG’s announcement of a an 11th-hour out-of-court settlement regarding Credit Suisse’s involvement in a ship-financing ‘tuna bond’ scandal. The yield on Mozambique’s 2031 debt fell 19 basis points to 13.34% on Monday (2 October) morning in the capital, Maputo, after the recently announced settlement brought closure to […]

Two dangerous criminals killed in shootout with police in Egypt’s Dakahlia

In a dramatic confrontation in Dakahlia governorate on September 2, two notorious criminals were killed, and one police officer sustained injuries during an exchange of gunfire. The incident unfolded after police received credible intelligence indicating that the two criminals, who had been sentenced to life imprisonment for drug trafficking and possession of illegal firearms, were […]

Ghana enhances support for Morocco, suspends diplomatic relations with the Polisario Front

The Republic of Ghana has decided to suspend its diplomatic relations with the Polisario Front, according to an official document sent Tuesday from Ghana’s Ministry of Foreign Affairs and Regional Integration to Morocco’s Ministry of Foreign Affairs. Ghana also confirmed it would promptly notify, via diplomatic channels, the Government of Morocco, the African Union, and […]