Boat Migrants Risk Everything for a New Life in Europe: African asylum seekers rescued off boats and taken aboard an Italy navy ship, June 8, 2014.

East Africa’s hunger emergency, with 42M facing crisis as food insecurity triples, IGAD warns

More than 42 million people across six East and Horn of Africa countries are facing acute food insecurity in 2025, according to a grim new report from the Intergovernmental Authority on Development (IGAD). The Regional Focus of the 2025 Global Report on Food Crises, released Tuesday (16 September), reveals that Djibouti, Kenya, Somalia, South Sudan, […]

ECOWAS maintains sanctions against Mali

The Economic Community of West African States (ECOWAS) decided to keep the pressure on the ruling junta in Mali, where sanctions remain in place, while Guinea and Burkina Faso are threatened with new sanctions. ECOWAS “urges the transitional authorities to enter into a complementary period of 12 to 16 months” before the organization of elections […]

Agadir first Moroccan commune to issue bond

The city of Agadir has made a successful issuance of Morocco’s first municipal bond of 1 billion dirhams to fund its development plan. The dirham-denominated bond sale targeted national and international institutional investors as the commune braces for a facelift. The European Bank for reconstruction and development (EBRD) has supported Agadir’s bond with an investment […]