A New Dawn Awaits Moroccan-South African Relations

A new chapter has been opened in Moroccan-South African relations following the ice-breaking meeting between Morocco and the outgoing South African President Jakob Zoma. The election of Cyril Ramaphosa is boding well for bilateral ties between two of Africa’s leading powers. King Mohammed VI of Morocco, who showed interest in bolstering ties with South Africa, […]

Russia launches new ‘Africa Corps’, part of Putin’s new military plans for the continent

After Wagner Group’s collapse in mid 2023, Russian President Vladimir Putin has recently launched a new Africa Corps, with 100 military staff officially deployed to Burkina Faso, with the aim to continue serving Russia’s interests on the continent — unofficially. While the war in Ukraine continues unabated, the depth of the ties between Burkina Faso […]

Egypt’s Central Bank Raises Cash Withdrawal Limit and Extends Bank Hours Amid Telecom Disruptions

The Central Bank of Egypt (CBE) has temporarily raised the daily cash withdrawal limit for individuals and businesses at bank branches from EGP 250,000 to EGP 500,000. This exceptional measure is intended to cushion the impact of ongoing telecommunications disruptions that have affected regular banking operations across the country. The CBE stated that the adjustment […]