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Africa: AfDB- Natixis $50 million agreement to boost trade finance
The African Development Bank has signed a $50 million risk participation agreement, APR, with investment and corporate bank Natixis. The 50/50 risk-sharing agreement covers a portfolio of commercial transactions totaling $100 million, which will support commercial operations worth $600 million in Africa over the next three years, said the African financial institution in a press […]
Nigeria regains Africa’s top crude oil producer spot in May 2023 — OPEC report
Nigeria has regained its position as Africa’s top crude oil producer for May 2023, according to the latest report published by the Organization of Petroleum Exporting Countries (OPEC), that also attributes the slow growth of the country’s economy by 2.4% year-on-year in the first quarter of 2023 to certain factors including a decline in crude […]
Tindouf Camps: Polisario fails to allay growing concerns over coronavirus spread
The polisario leaders are vainly making reassuring statements on the coronavirus situation in the Tindouf camps. However, the Sahrawis sequestered in the Tindouf camps, Southern Algeria, are increasingly concerned over the growing number of covid-19 infections and rising death toll, which are pushing the polisario to hide the true extent of the covid-19 pandemic with […]



