Category: Features

IFC loans Express Union Tchad around $3m to boost access to finance for underserved communities

July 25, 2023

The International Finance Corporation, IFC, has provided a loan worth close to $3 million to Chad’s leading microfinance Express Union Tchad (EUT) to boost access ... Read More

16 die in Senegal as boats used by migrants capsizes

July 25, 2023

16 people on board a boat used for illegal migration died in the night of Sunday to Monday July 24, after their vessel capsized off ... Read More

Madagascar to launch first urban train on August 15

July 25, 2023

Madagascar’s Ministry of Transport and Metrology will launch on August 15 in capital Antananarivo the country's first urban train to be powered by electricity, local ... Read More

Post-Cotonou: EU green-lights new treaty with African, Caribbean and Pacific states

July 25, 2023

After more than a two-year delay, the EU Council finally ratified (20 July) a new treaty with African, Caribbean and Pacific countries that covers a ... Read More

Angola: new Cabinda oil refinery secures funding led by Gemcorp, AFC, Afreximbank

July 25, 2023

Gemcorp Holdings Ltd. (GHL), Africa Finance Corporation (AFC) and African Export-Import Bank (Afreximbank) have announced the financial close of Cabinda Oil Refinery in Angola with ... Read More

Russia-Africa summit: by halting grain deal, Putin risks alienating its African partners

July 24, 2023

When African leaders meet with Russian President Vladimir Putin in St. Petersburg in late July for a summit, their discussions will likely be overshadowed by ... Read More

Burkina Faso introduces new taxes to raise fund to fight terrorism

July 21, 2023

Burkina Faso has introduced new taxes including levies on telephone services in a bid to raise funds to be used in the fight against terrorism, ... Read More

U.S pledges $380m in humanitarian aid for Africa

July 21, 2023

The United States will provide an additional $380 million in humanitarian assistance for Africa, top diplomat Antony Blinken announced Thursday. "With this funding, the United ... Read More

Uganda, S.Sudan, Congo most vulnerable to extreme heat if climate targets not met — Oxford report

July 21, 2023

The planet's record-breaking hot weather has caused severe drought in many places around the world and African nations risk extreme heat if climate targets are ... Read More

Rabat and Moscow Discuss Bilateral Ties and Upcoming Russia-Africa Summit

July 20, 2023

The Moroccan-Russian relations and the 2023 Russia-Africa Summit due in St. Petersburg July 27-29 were at the center of talks held Wednesday in Moscow between ... Read More