SM-Le-Roi

EU pledges €100 million to support democratic transition process in Sudan

The European Union on Saturday announced it earmarked €100 million to support the civilian-led authorities in Sudan, bringing the total EU contribution to €217 million. The announcement was made by visiting EU High Representative and Vice-President Josep Borrell after a meeting with Sudanese Prime Minister Abdallah Hamdok. The assistance, to be delivered through the EU […]

China expands yuan payment system to Africa and Asia, challenging dollar dominance

In a strategic move to reduce global reliance on the U.S. dollar, China has welcomed six new financial institutions from Africa, the Gulf, and Central Asia into its Cross-border Interbank Payment System (CIPS). The expansion, announced during a ceremony in Shanghai, brings direct participation in the yuan-based payment network to 174 institutions, as China steps […]

Rallye du Maroc: Giniel de Villiers clinches fourth victory

South African racing driver Giniel de Villiers won Wednesday a new victory at Rallye du Maroc, his fourth in the competition. The Toyota Gazoo Racing Hiluxes driver also won Ifrane round of the competition which also came to an end on Wednesday. Giniel de Villiers snatched the victory after Qatari driver Nasser Al Attiyah missed […]