CFA francs

ICJ ruling: Uganda pays first installment of war reparations to DR of Congo

Uganda has paid $65 million in the first installment of a total $325 million to neighboring Democratic Republic of Congo (DRC) it was ordered to pay by the International Court of Justice (ICJ) as compensation for losses caused by wars in the 1990s when Ugandan troops occupied Congolese territory. In a case first brought against […]

Some 38% of Moroccan enterprises reduced staff due to pandemic

The pandemic and the restrictive measures related to it have taken a toll on Moroccan firms with 38% having been forced to cut staff while 8% have suspended activity waiting for better conditions, Morocco’s statistics agency (HCP) said. Some 83% of all enterprises maintained business despite Covid-19 while 2.2% halted activity all together, the agency […]

Ukraine accuses Libya’s Haftar of sending troops to Russia

The Ukrainian Defense Ministry has laid into Libyan rebel General Khalifa Haftar for sending fighters to combat alongside Russian forces, Libya Observer reports. The ministry added that the Libyan fighters are expected to be flown aboard Russian air force planes. Haftar who controls much of Libya’s eastern territories has not commented on the accusations but […]