Challenge of democratization in Africa: CAR and Burkina Faso in spotlight

While 69% of Africans support democracy and more than 70% agree that there should be term limits, according to the latest Afrobarometer surveys, recent developments in the Central African Republic (CAR) and Burkina Faso have demonstrated that the democratization process in some African states is still facing huge challenges. Speaking at a workshop on ‘Democracy […]

Al-Sisi asks Europeans to leave Egypt alone in reference to criticism on executions

Egypt’s President Fattah al-Sisi Monday chided criticism over a series of executions in the North African country as he asked European countries not “to impose their views”. Egypt has found itself targets of critics from European countries after authorities hanged last week nine members of the outlawed Muslim Brotherhood, convicted for involvement in the killing […]

AfDB Grants €70 million financing facility to Morocco’s Bank of Africa to promote African trade

The African Development Bank Group approved a €70-million financing facility for Bank of Africa Maroc (BOA) to promote access to financing African trade. The package comprises a €50 million Risk Participation Agreement (RPA) and a €20 million Trade Finance Line of Credit (TFLOC), the AfDB said in a press release. “The African Development Bank, rated […]