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Egypt’s current account deficit soars as Suez Canal revenues plummet
Egypt’s current account deficit more than doubled to $5.9 billion in the July-September 2024 quarter, up from $2.8 billion in the same period last year, according to the Central bank on January 16. A significant contributor to this widening deficit was a sharp drop in Suez Canal revenues, which fell by 61.2% to $931.2 million, […]
Nigeria’s opposition parties reject ruling party’s victory over irregularities
Nigeria’s two main opposition parties on Tuesday called for the cancellation of the country’s weekend presidential elections won by Ruling party candidate Bola Tinubu, on the grounds of “massive manipulations” of the results. The Nigerian federal electoral body, INEC, crowned Tinubu winner of Saturday presidential poll after partial count of the votes. Tinudu of All […]
US First Lady embarks on Africa trip: youth, empowering women, food crises on agenda
Jill Biden has started her trip to Africa as first lady, when she arrived in Namibia this Wednesday Feb.22, before later heading to Kenya. During her visit in the Southwest African nation of Namibia and the East African nation of Kenya, Biden will focus on women’s empowerment, children’s issues and the food insecurity that has […]



