Panama ship

Lloyds to Open Office in Morocco, Africa’s Gateway

Lloyds, the world leader in insurance & reinsurance, is bracing to install its African base in Casablanca Finance City (CFC), says Moroccan newspaper l’Economiste. After several months of talks, Lloyds group has finally obtained CFC status, which allows the British firm to operate in Casablanca and sell its services & products to African countries. CFC, […]

Chinese oil firm loans Niger $400 million

China National Petroleum Corporation (CNPC) agreed to offer a loan of 400 million dollars to the Niger government, which is struggling with the impact of sanctions. The loan is seen as one of the first steps to wean financial dependence on the West, with whom the military rulers are increasingly at odds, going as far […]

African immigrants celebrate their blended heritage on US Independence Day

Immigration from Africa to the United States has increased dramatically in the past three decades and these migrants turned to the US in pursuit of safety, opportunities and economic prospects, according to two latest studies on this topic. As the US commemorates 247 years of independence on Tuesday (5 July), African immigrants celebrated Independence Day […]