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 […]
A French national of Algerian descent wanted in France for drug trafficking was nabbed Monday in Marrakech by Moroccan police. The fugitive was on Interpol’s most wanted list. He was captured after French judicial authorities issued an international arrest warrant against him for his links with an international network of trafficking of drug and ecstasy, […]
The Canada–African Development Bank Climate Fund (CACF) provides Moroccan OCP group a $18 million concessional loan to support the construction of three seawater desalination plants. In a press release issued Tuesday, CACF said the funding is destined to advance Morocco’s climate adaptation efforts as the projects will enable the North African Kingdom to produce and […]
