Senegal, Türkiye ink event-driven diplomacy MoU

Senegal and Turkey signed an event-driven diplomacy Memorandum of Understanding (MoU) to promote events between the two countries. Aïssata Tall Sall, top diplomat of the African country inked the deal with his Turkish counterpart Mevlüt Çavuşoğlu on the sidelines of Dakar International Forum on Peace and Security in Africa held on October 24-25. Per the […]

Forex: falling euro drags CFA franc down, importing inflation and deepening debt

With the euro having recently declined to less than one US dollar, this development has a direct impact on the CFA franc, which has a fixed exchange rate parity value with the single European currency. The euro’s continued to slide toward the US dollar since 5 July has resulted in a 20-year low, according to […]

Ethiopia to build Africa’s largest airport

Ethiopia plans to build what would be the largest airport on the continent, with four-runways at an estimated cost of $6 billion. The airport will be located near the resort town of Bishoftu (Oromia region), 45 km from the country’s capital and will span over an area of 35 sq.km, Mesfin Taseu, CEO of the […]