News North Africa

Tue,28Apr2015

North Africa

Egypt: New challenges after black market crackdown

Photo©ReutersEgypt's currency black market, a thorn in the side of successive governments, has virtually disappeared in the past two months following a central bank crackdown.

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UAE-Africa: Dubai is back

Egypt’s head of state Abdul Fattah Al-Sisi shows Dubai’s ruler Sheikh Mohammed Bin Rashid Al-Maktoum, his plan for a new Cairo. Photo©APA Images/Zuma/REAWith lessons seemingly learned from the collapse of and delays to major projects during the financial crisis, Dubai and its African partners are looking to launch a new period of cooperation in trade and investment.

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Egypt: Gulf states deposit $6bn into central bank

Photo©ReutersIn a move seen as their commitment to prop up the Egyptian economy, Saudi Arabia, Kuwait and the United Arab Emirates deposited $6 billion with Egypt's central bank on Wednesday.

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Sudan's president cancels trip to Indonesia

Sudan's President Omar Hassan al-Bashir at the last minute cancelled a trip to Indonesia for a summit this week, a government official said, in what would have been his first trip outside of Africa or the Middle East in nearly four years.

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Ethiopians suffer atrocities in Libya and South Africa

The US government and Ethiopia have condemned the purported executions of Ethiopian Christians in Libya by extremist group Islamic State in the North African nation.

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Can Sudan survive another term of Omar al-Bashir's rule?

Opposition and rebel groups hope to derail April elections in Sudan, where a new wave of violence has forced an estimated 50,000 to flee their homes in 2015 and President Omar al-Bashir still faces charges of genocide.

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