Eight West African countries rename common currency to Eco

The eight West African nations have agreed to change the name of their common currency from ‘CFA franc’ to ‘Eco’, after they jointly severed the CFA franc’s links to former colonial ruler France. The announcement was made during a visit ..

Month: Current Affairs - December, 2019

Ethiopia launched its First Space Observatory Satellite

Ethiopia’s first remote sensing satellite was launched on Friday, 20th December 2019 from the Taiyuan Satellite Launch Centre located in Shanxi Province of China. The Satellite named- ETRSS-1, was launched as a secondary payload into space by the 3-stage Chinese ..

Abdelmadjid Tebboune elected as the President of Algeria

The former Prime Minister of Algeria, Abdelmadjid Tebboune was elected as the new President of Algeria. Abdelmadjid Tebboune has previously served as the Prime Minister of Algeria for a period of 3 months from May 2017 to August 2017. The ..

EEPC celebrates 50 years of rewarding exporters

The Engineering Export Promotion Awards (EEPC) celebrated its 50th year of Engineering Export Awards in New Delhi on Tuesday, 10th December 2019. A total of 111 National Awards for 2017-18 across 8 different categories in over 32 product panels were ..

International NGO IMPACT reports India as among the Largest Gold Smuggling Hubs in the World

Canadian Nongovernment organization (NGO), IMPACT, in its study, named A Golden Web: How India Became One of the World’s Largest Gold Smuggling Hubs, has mentioned that India imports gold around 1,000 tons every year, which is a quarter above the ..

Kimberley Process Certification Scheme inaugurated by Commerce Secretary

The Plenary meeting of the Kimberley Process Certification Scheme (KPCS) is being hosted by India.  The meeting was inaugurated by Commerce Secretary, Dr Anup Wadhawan. Presently, India exports around USD 24 billion cut and polished diamonds. It is expected to ..

Terms in News: Danakil Depression

The Danakil Depression is the northern part of the Afar Triangle or Afar Depression in Ethiopia. It is one of the world’s hottest as well as lowest places on Earth (100 m below sea level). The hot springs in Danakil ..

Kais Saied elected as new President of Tunisia

Retired academic Kais Saied has been elected as new President of Tunisia after a landslide victory in  the 2019 Tunisian presidential election. 

Ethiopian Prime Minister Abiy Ahmed wins the 2019 Nobel Peace Prize

Ethiopian Prime Minister Abiy Ahmed has won the 2019 Nobel Peace Prize in recognition of his efforts to end his country’s long-running border conflict with neighboring Eritrea. His peace deal with Eritrea ended a 20-year military stalemate following their 1998-2000 ..

India Zimbabwe relations

The history of relations between the countries is close and cordial. Indian merchants established a strong link during the era of Munhumutapa kingdom. India supported Zimbabwe in its freedom struggle. Former PM Indira Gandhi attended Zimbabwe independence celebrations in 1980. ..