King faisal Prize

Egypt’s central bank gets around $5.2bn from local banks to address growing economic pressures

The Central Bank of Egypt, (CBE) collected around $5.2 billion (EGP 100 billion from local banks in the weekly open market operations (OMO) as the North African country turns to local, regional and international banks for loans to address growing economic pressures. The CBE data indicate that the funds were raised at a fixed rate […]

China’s FM on Africa charm offensive tour calls for Gaza ceasefire

China’s Foreign Minister Wang Yi has kicked off his inaugural trip of 2024 that takes him to four countries around Africa, focusing on diplomacy, economics, and security issues on the continent. During his first stop in Cairo, the top Chinese diplomat called for a ceasefire in Gaza and the start of the implementation of the […]

Côte d’Ivoire: Soro can return home, up to justice to decide over his fate – Ouattara’s administration

The Ivorian government indicated Thursday that former Prime Minister Guillaume Soro is free to return home but it is up to the justice to decide over the destiny of former rebel leader, condemned to life imprisonment in absentia for plotting and attempting to remove the administration of President Alassan Ouattara in 2019. Soro this month […]