A new credit rating agency designed to address the needs of sovereign borrowers in Africa, and led by an African Union (AU) Commissioner, is on track to be launched in 2025, according to a senior AU official. Speaking with reporters in Accra, the AU Commissioner for Economic Development, Trade, Tourism, Industry and Minerals, Albert Muchanga, […]
Over $30 billion worth of gold was smuggled out of Africa in 2022, primarily to the United Arab Emirates (UAE), Turkey, and Switzerland, according to a new ground-breaking report by Swissaid that calls for more transparency and traceability in the gold supply chain to improve local conditions and artisanal miners’ working conditions throughout the continent. […]
The heavy weights of the Maghreb are taking their arms race to the skies with Morocco opting for advanced US jets while Algeria sticks to its Russian supplier amid a lethargy in their bilateral ties on the back of diverging stands on the Sahara issue. Morocco has on multiple occasions extended an outstretched hands policy […]
