Afreximbank

USA wants to use assets confiscated from Obiang’s son to provide covid vaccines to Equato-Guineans

The U.S. government announced Monday that money from the liquidation of allegedly ill-gotten gains confiscated from Equatorial Guinea’s vice president, Teodoro Nguema Obiang Mangue, will be used to buy medicine and coronavirus vaccines for the people of Equatorial Guinea. Mr. Obiang Mangue, 53, is the son of President Teodoro Obiang Nguema Mbasogo, who has been […]

Libya Hosts Regional Migration Summit, Unveils National Plan to Combat Illegal Migration

Tripoli played host to a high-level ministerial meeting on Tuesday, July 8, bringing together Interior ministers from Italy, Greece, Malta, and representatives from the European Union and international institutions to address the mounting challenges of illegal migration. Libyan Prime Minister Abdul Hamid Dbeibah underscored the urgency of the situation, stressing that human trafficking networks and […]

China flexes its naval muscles in Gulf of Guinea during 5-day Nigeria visit

A naval fleet of China’s People’s Liberation Army (PLA-N) arrived for a five-day visit in Nigeria on Sunday (2 July) for a rare visit by the Chinese military to Africa’s Atlantic coast, reinforcing speculation that the Gulf of Guinea could offer a base for Beijing. As the destroyer Nanning and an accompanying frigate, long with […]