Egypt wavering over depreciation or depleting reserves

“Is it better to deplete the reserves or is it better to depreciate the pound?” The question was raised by Egyptian Investment Minister Ashraf Salman during a conference on Sunday, after the Central Bank announced earlier in the day that the net international reserves have fallen to $18.1billion. According to the Investment Minister, “at this […]

Atlantic Council: UNSC Sahara historic vote, decisive turn ditching partition or referendum options

The latest historic resolution adopted by UN Security Council on the Sahara marks a turning point in the future of the dispute, as it eliminates partition or referendum options, focusing instead on “genuine” autonomy under Moroccan sovereignty, says American think-tank Atlantic Council. The landmark vote for UNSC resolution 2797, endorsing the Moroccan 2007 autonomy plan […]

Senegal’s president ready to dialogue amid high political tensions

Senegalese President Macky Sall has said he was open to dialogue in the interest of “peace and national cohesion” amid high political tensions in one of West Africa’s most stable countries. Speaking on state TV Monday (3 April) on the eve of Senegal’s 63rd independence anniversary, Sall made no mention of the 2024 presidential elections […]