dakhla race

Angola’s debts to China, a record of over $40 billion

The UK’s international institute Chatham House revealed that Angola is the African country that has borrowed the most from China in the last 20 years, to the tune of over $40 billion. Experts in Luanda differ on the relevance or threats of these loans. While some consider that this practice is bad for the country […]

Morocco Dismantles another Migrant-Smuggling Network

The Moroccan police have captured 14 individuals involved in smuggling of illegal migrants to Europe for cash. The busted smuggling ring was operating in several Moroccan regions and cities including Nador, Fez and Sefrou, said a press release issued Thursday by the Directorate General of National Security (DGSN). Two women and one fugitive were among […]

West Africa to replace CFA franc; new currency pegged to the Euro

Côte d’Ivoire’s President Alassane Ouattara has announced that West Africa’s monetary union has agreed with France to rename its CFA franc the Eco and cut some of the financial links with Paris. The CFA will undergo three major changes, according to Ivorian President Alassane Ouattara. The name will change to Eco in 2020; France, would […]