First Independent Mena Newspaper
Nigerian naira, Malawian kwacha and Rwandan franc have been named the worst-performing African currencies against the US dollar in 2024, according to a latest report, having faced an array of challenges, from persistent trade imbalances, dwindling foreign reserves, to political instability. Some African nations strengthened their currencies, while others faced worsening exchange rates in 2024. […]
Economic growth in Sub-Saharan Africa is expected to decelerate this year by slumps in economic powerhouses South Africa, Nigeria and Angola, the World Bank has announced, expressing fears of a lost decade for the continent, faced with growing instability. For the current year, growth should reach 2.5%, compared with 3.6% last year, due in particular […]
The advancement of the Islamic State in Iraq and Greater Syria (ISIS) in Iraq has achieved another major turning point as its militants take over one of the biggest city in Northern Iraq, Mosul. Prime Minister Nuri al-Maliki is desperate to put an end to the ISIS by arming civilians willing to fight against the […]
Failed states are considered as one of the most potent threats to international peace and security – soft security threats and risks in terms of organized crime, terrorism, illicit drug trafficking, illegal migration to money laundering, originating from failed and fragile states are the major security challenge in the post Cold War era. Failed and […]