Egypt and Kuwait sign commercial industrial agreements and MoU

Egypt and Kuwait have sealed a draft agreement aimed at strengthening the commercial and industrial ties between them as well as the promotion of their products and services. The ceremony took place at the sidelines of the Kuwait-Egypt exhibition and conference in Cairo which opened its doors on Tuesday. Several government authorities from both countries […]

Forex: falling euro drags CFA franc down, importing inflation and deepening debt

With the euro having recently declined to less than one US dollar, this development has a direct impact on the CFA franc, which has a fixed exchange rate parity value with the single European currency. The euro’s continued to slide toward the US dollar since 5 July has resulted in a 20-year low, according to […]

Niger’s junta scraps security accords with EU after turning to Russia for military cooperation

Despite fighting two jihadist insurgencies, Niger’s military leaders have announced they were scrapping two key security and defense agreements that the West African nations signed with the European Union to help fight the escalating violence in Africa’s Sahel region. Niger’s junta revoked the important military accords inked with the EU on Monday (4 December), which […]