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UK Foreign Affairs Committee brands Libyan Central Bank Governor financier of militias, gangsters

The UK Foreign Affairs Committee has labelled Saddek Elkaber, the Governor of the Central Bank of Libya (CBL) “well-known financier of militias and gangsters” who runs a “troubled organization.” The committee’s bashing of the Libyan official comes after a meeting between Elkaber and Governor of Bank of England Andrew Bailey in July, Libya Update reports. […]

Ethiopia-Tigray peace deal welcomed with cautious optimism

Ethiopia’s announcement of a cessation of hostilities between the government and the rebels in Tigray after over a week of negotiations led by the African Union in Pretoria, South Africa has been hailed by the United Nations as “a very welcome first step“ and as a “major breakthrough“ by Washington, while other world leaders are […]

Morocco among Africa’s Top Five Performers in Global Competitiveness, Report

Morocco has been ranked Africa’s fifth best performer in the Global Competitiveness Report issued by the Geneva-based World Economic Forum (WEF.) At the continental level, Morocco was advanced by Mauritius, South Africa, Rwanda and Botswana in the Index that examines the determinants of long-term growth in a total of 138 countries. Globally, Morocco gained two […]