UN tribunal opens trial of elderly Rwanda genocide suspect

A United Nations’ International Residual Mechanism for Criminal Tribunals in The Hague opens a trial with a frail 87-year-old Rwandan accused of encouraging and bankrolling the country’s 1994 genocide on Thursday (29 September), nearly three decades after the 100-day massacre left 800,000 dead. Félicien Kabuga is one of the last fugitives charged over the genocide […]

Africa Energy Bank set up to reduce dependence on foreign funding for oil & gas projects

The African Petroleum Producers’ Organization (APPO) is putting the finishing touches to establish the Africa Energy Bank (AEB) that will offer alternative funding source for oil and gas projects on the continent after international financing institutions have started scaling back their funding, citing stringent conditions and environmental concerns. Speaking at a recent Nigeria International Energy […]

Morocco: BMCE Bank of Africa launches Chinese branch in Shanghai

Morocco’s BMCE Bank of Africa launched Tuesday in Shanghai, China, its first branch in the world’s second largest economy as it positions itself as the channel between Chinese investors and Africa. Present in China for over two decades as a representation office, MBCE Bank of Africa’s new branch, is located in the financial district of […]