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Nigeria, Malawi and Rwanda have Africa’s worst-performing currencies in 2024
Nigerian naira, Malawian kwacha and Rwandan franc have been named the worst-performing African currencies against the US dollar in 2024, according to a latest report, having faced an array of challenges, from persistent trade imbalances, dwindling foreign reserves, to political instability. Some African nations strengthened their currencies, while others faced worsening exchange rates in 2024. […]
Tunisia raises 700 million euros on Eurobond market to fund 2019 fiscal budget deficit
Tunisia Wednesday said it succeeded in raising 700 million euros on the financial bond market with an interest rate of 6.37 per cent as it sought to borrow money to cover its 2019 fiscal budget deficit. The ministry of finance in a statement said the North African country will reimburse the bond over seven years. […]
Sudan’s army claims RSF mass graves were discovered in Omdurman
The Army of Sudan reported on Thursday, May 22 that hundreds of civilians’ bodies have been discovered in mass graves in Omdurman, Khartoum’s twin city. According to a military statement, 648 people were detained in “horrific and inhumane conditions” by the paramilitary Rapid Support Forces (RSF) inside a school in Omdurman’s Salha neighborhood. According to […]



