King Mohammed VI & Crown Prince Chtouka Ait Baha feb 2020

Senegal’s new govt to audit oil, gas, mining industries, pledging to protect investor rights

Senegal will conduct a comprehensive audit of the oil, gas and mining sectors, according to the newly elected President Bassirou Diomaye Faye, who, however, also thought to reassure jittery investors they were welcome in the country. The audit is one of the first policy moves announced by the 44-year-old former tax inspector who stated that […]

Still Short of USD:Egypt’s Booming Foreign Currency Black Market

Egypt’s central bank has lately taken some exceptional steps to help the Egyptian pound and restrain the black market in foreign currencies. Despite the central bank’s effort, the currency black market is thriving around the country, which suggests that the limits of the economic recovery since the fall of ex-President Morsi in July last year […]

Russia ‘gained upper hand’ in parts of Africa, as it holds talks on security with Bahrain, Uganda

Bahrain’s King has urged Moscow to play a role in peacekeeping in the Middle East, while also Uganda and the Comoros have have recently held discussions with Russia on security issues affecting Africa and the possibility of resolving conflicts in the region, reflecting Russia’s expanding influence on the continent. During a recent official two-day visit […]