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Libya: Truce led to notable reduction in violence, violations reported
The UN call for a humanitarian truce over this week’s Eid al-Adha religious holiday led to a “palpable reduction” of violence around the embattled capital of Tripoli, the UN Support Mission in Libya (UNSMIL) said in a statement released Wednesday Aug.14. Following the UN’s plea last Thursday, both the forces loyal to the UN-recognized […]
Egypt: Hassan Abdallah appointed as acting governor of central bank
Egypt’s President Abdelfattah al-Sisi has named Hassan Abdallah as acting governor of the central bank of the country after the former chief resigned Wednesday. Abdallah until the appointment Thursday was Chairman of the Board of Members of the United Media Services Group (UMS). The 62-year old man replaces Tarek Amer who resigned Wednesday but was […]
Africa: Banks, Insurance companies help fight Covid-19
As Coronavirus pandemic is continuing its spread in Africa, banks and insurance companies offer their support to governments in fighting the pandemic. The pan-African banking group UBA, whose head office is in Nigeria, announced in a press release that it makes available to 20 African countries, a donation of 8 billion FCFA to enable these […]



