Browsing Tag

Central

Somalia’s Central Authorities Criticized for Eroding Federal Principles

Somalia’s Federal Government Faces Criticism Over Federalism Approach AXADLE, Somalia - In the intricate political landscape of Somalia, the Federal Government finds itself under intense scrutiny. Accusations are mounting that it is eroding the very fabric of federalism, a concept many view as a cornerstone for national stability. This sentiment isn't new, but President Hassan Sheikh Mohamud is now at the center of the criticism, with many pointing fingers at his leadership.…

Somali Troops and Local Militias Thwart Al-Shabaab Attack in Central Area

Somali Forces and Local Fighters Repel Al-Shabaab Assault MOQOKORI, Somalia - The resilient Somali National Army (SNA), alongside dedicated local fighters, successfully repelled a fierce assault by the Al-Shabaab militants, marking yet another chapter in the ongoing saga of conflict in the central regions. Like threads woven into a complex fabric, this confrontation unfolded with unexpected intensity and lasted for several tense hours on a Saturday, as the national efforts to dismantle the militant group persist.…

Somali Forces and Local Allies Launch Assault on al-Shabab Stronghold in Central Region

Somali Army and Local Fighters Target al-Shabab Stronghold in Central Region MOGADISHU, Somalia – Brave endeavors continue as the Somali National Army (SNA) intensifies operations against Al-Shabaab in the Middle Shabelle region. Joining them are the resilient Macawislay fighters, engaging in coordinated efforts around Moora Godan, a community just five kilometers north of Raaga Ceelle village. Middle Shabelle stands as a critical battlefield. For seven months now, it has witnessed relentless…

Ghana’s Central Bank Shuts Down 10 Illegal Money Transfer Operators

On June 27, a statement was released on the Bank of Ghana's (BoG) website, garnering attention from publications like The High Street Journal. The Bank identified ten unlicensed money transfer firms that allegedly are conducting foreign exchange and remittance activities in clear violation of Ghanaian financial laws. Have you ever wondered how many people unknowingly rely on services that operate outside legal frameworks? The BoG stressed that these entities lack the necessary licenses and authorization to…

Tragic School Stampede Claims Lives in the Central African Republic

In a devastating incident during high school exams in Bangui, the capital of the Central African Republic, twenty-nine students lost their lives due to a catastrophic stampede. The chaos erupted following an explosion at an electricity transformer, which sparked panic among approximately 6,000 candidates. This tragic event unfolded on the second day of finals, turning a moment of aspiration into a scene of anguish. The transformer, which had only recently undergone repairs, was situated on the ground floor of the…

Zimbabwe’s Gold-Backed Currency Faces Trust Challenges Amid Central Bank Hope

The Zimbabwe Gold: A New Chapter in Currency History The Reserve Bank of Zimbabwe (RBZ) boasts that its latest currency, the Zimbabwe Gold—a gold-backed currency colloquially known as the “ZiG”—is underpinned by more than 100% in reserves. These reserves include 2.5 tons of gold and approximately $100 million in foreign assets. At first glance, such figures might inspire confidence in a nation long plagued by economic upheaval and inflation. But how genuine is this assurance? Enter the ZiG, Zimbabwe’s sixth…

Top 7 African Central Banks with the Most Gold Reserves in 2025

Gold Reserves: A Pillar of Financial Stability in Africa In today's unpredictable financial landscape, gold reserves stand as a beacon of stability. They serve not just as a buffer against currency volatility, but also as a cornerstone of investor confidence—a vital asset for nations especially susceptible to external economic shocks. The importance of gold cannot be overstated; it has historically provided a sense of security as well as a tangible representation of wealth and economic strength. As stated by…

Al-Shabaab Captures Key Territory During Intense Battles in Central Somalia

Al-Shabaab Seizes Strategic Area Amid Fierce Clashes in Central Somalia MOGADISHU, Somalia - Al-Shabaab militants have recently showcased images from El Hareeri, a critical village in central Somalia, aiming to demonstrate their unyielding control over the area. Surprisingly absent from these images is any sign of government forces, prompting questions about the current state of affairs in Somalia’s conflict zones. Just last Wednesday, Al-Shabaab released photographs revealing their continued dominance in El…

Al-Shabaab Struggles to Reestablish Presence in Central Somalia Amid Intense Battles

Al-Shabaab Struggles for Control in Central Somalia Amid Intense Clashes MOGADISHU, Somalia - The landscape of central Somalia is once again disrupted by the relentless attempts of the al-Shabaab forces to reassert their authority. These Al-Qaeda-linked militants have been engaged in heated battles, particularly on the outskirts of Moqokori village. It seems they are determined to displace government forces along with local fighters who bravely stand on the frontlines.…

Rwanda Withdraws from Central African Alliance Amid Congo Tensions

Rwanda has recently made a significant diplomatic decision, announcing its withdrawal from the Economic Community of Central African States (ECCAS). This choice follows a heated dispute, particularly concerning accusations regarding Rwanda's alleged involvement in the ongoing conflict within the eastern Democratic Republic of Congo (DRC). Understanding the context of this withdrawal demands a closer look at ECCAS itself. Established in the 1980s, this regional bloc comprises 11 member states, all united under…

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