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AfDB, Lome-based BOAD ink €70m deal to support the private sector in 8 West African countries

The African Development Bank (AfDB) announced Tuesday December 12 an agreement with the Lome-based West African Development Bank (BOAD), a line of credit agreement of €70 million to bolster the regional bank’s support to the private sector in the West African Economic and Monetary Union (WAEMU). The agreement, AfDB notes, was signed in Lomé on […]

Gabon, UAE seal MoU to attract investment into the African country’s economy

The Federation of UAE Chambers of Commerce & Industry (FCCI) and Gabon’s investment promotion agency ANPI-Gabon have inked a Memorandum of Understanding (MoU) to lure investment from the Gulf country to support economic development of Gabon. The deal was signed by ANPI-Gabon CEO Ghislain Moandza Mboma and FCCI’s Secretary General Humaid Mohamed Bin Salem, who […]

Does Algeria have leverage to retaliate from Spain after its Sahara move?

Algeria has recalled its ambassador from Spain after Madrid voiced support for Morocco’s territorial integrity and for the autonomy plan. Algiers has also said it will reassess all deals signed with Spain in a diplomatic escalation that shows the extent to which Algeria is involved as a real party to the Sahara conflict that it […]