Sudan has declared a state of emergency to avert economic downturn due to the dramatic fall of its local currency against the US dollar and soaring inflation.  The decision — reported by official news agency SUNA — includes setting up emergency courts, enacting laws to protect the economy, and imposing […]

South Sudan has run out of foreign exchange reserves as oil revenues have plummeted, and it cannot stop its currency from sliding, a central bank official said. Daniel Kech Pouch, the bank’s deputy governor, said late Wednesday that the pound was depreciating sharply and there was little that monetary advisers […]

Six Sudan’s cabinet ministers have quit and another was sacked, the government said on Thursday, days after tens of thousands of protesters hit the streets demanding long-awaited reforms. “Six ministers have resigned to allow a change in the (18-member) government” line-up, a statement from Prime Minister Abdallah Hamdok’s office said. […]

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