Libya: Dinar collapses highlighting ailing economy

The Libyan Dinar has plummeted further over the week-end against foreign currencies on the black market now appearing as the only available FOREX market for most Libyans desiring to buy foreign currency owing to lack of central regulatory body. The Libyan Dinar in Tripoli is trading much lower as the one Libyan Dinar is trading […]

Port operator Marsa Maroc expands to Africa

Morocco’s top port operator, Marsa Maroc, said it will operate terminal 1 and 5 in Cotonou’s port after winning an international tender issued by the company in charge of cargo handling, Société Béninoise des Manutentions Portuaires (SOBEMAP). Marsa Maroc saw its shares in the Casablanca stock exchange surge following the announcement which marks the first […]

South Sudan peace talks hosted by Kenya in final stages, deal expected shortly

Peace talks bringing together South Sudan’s government and members of the holdout groups in Kenya’s capital, Nairobi, have reached final stages for conclusion, with the draft peace agreement creating a leadership council, rebranding the structure of the presidency and limiting the role of the cabinet and legislature. “Talks have progressed well. Significant signs of progress […]