Tag: First in Africa
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Sudan greenlights plan for first Russian naval base in Africa

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Sudan has confirmed that plans for Russia to establish its first naval base in Africa, on the Red Sea coast, will move forward, signaling a significant shift in the region’s geo-strategic balance. The announcement came after Sudanese foreign minister Ali Youssef Ahmed al-Sharif met with Russian counterpart Sergei Lavrov in Moscow on 12 February. The […]
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Casablanca Finance City, 1st financial center in Africa – Global Financial Centers Index

North Africa PostComments Off on Casablanca Finance City, 1st financial center in Africa – Global Financial Centers Index

Casablanca Finance City (CFC) has retained its ranking as the first financial center on African continent on Global Financial Centers Index (GFCI). The latest GFCI report, the 30th edition, ranks CFC 53rd globally, 4th in the Middle East region and the first on the African continent. CFC dominates Cape Town (62nd), Johannesburg (64th), Mauritius (73rd) […]