Congo’s franc revival: a high-stakes test for African monetary sovereignty

The Democratic Republic of Congo has launched an ambitious plan to reclaim monetary control by reversing decades of deep-rooted dollar dependence. Newly appointed Central Bank Governor André Wameso has placed restoring confidence in the Congolese franc (CDF) at the heart of his mandate. Today, nearly 90% of Congo’s transactions — from mineral exports to daily […]

Morocco Allows Return of 25 MIURSO Civilian Staff to Sahara

Morocco reached an agreement with the UN to allow 25 civilian members of the MINURSO to resume their mission in the Sahara, the UN spokesman Stephane Dujarric said. Five MINURSO civilian members have already arrived in Laayoune to continue their mission, after they were expelled last March. Morocco took the decision to cut the MINURSO […]

Morocco: King appoints Mohamed Benchaaboun as head of the Mohammed VI Fund for Investment

King Mohammed VI has appointed Mohamed Benchaaboun as head of the Mohammed VI Investment Fund, at a time Morocco assigns particular importance to spurring private investment. The appointment was announced during the meeting of the Council of Ministers, held Tuesday in rabat, under the chairmanship of the sovereign, who has set the target of attracting […]