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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 […]

African Union joins voices condemning Tunisian president’s shocking statement on migrants

The African Union (AU) has joined the voices that have condemned remarks by Tunisia’s authoritarian president targeting Sub-Saharan migrants in his country and have warned against this “hate speech” that could bring harm. President Kais Saied sparked an outcry this week after he made extremely hateful and racist remarks against African migrants who arrive in […]

EU Commissioner for Mediterranean: Morocco, key & reliable partner

European Commissioner for the Mediterranean Dubravka Šuica has described Morocco as “a key and reliable partner for the EU, in the Mediterranean and beyond in Africa.” The Commissioner made the remarks in a tweet posted Tuesday on X following her talks with Moroccan Foreign minister Nasser Bourita. She sai her “insightful” discussion with Bourita, focused […]