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Central Africa’s exports shrink in Q1 2019—Central Bank

The Bank of Central African States, also known as Banque des Etats de I’Afrique Centrale (BEAC), this week said the prices of 28 commodities exported by the six states of the regional bloc (CEMAC) accounting for 90% of export values, declined by 6.2% during the first quarter of 2019. The regional bloc consists of Cameroon, […]

Climate change costs Africa 5% of its GDP- study

Climate change and global warming costs African countries 5% of their GDP, according to the UN. The continent releases less than 10% of greenhouse gas emissions globally but continues to bear a disproportionate impact of global warming. African countries spend 9% of their budgets to counter climate change. Meanwhile, they only receive 1% of annual […]

Spanish judiciary orders probe into fraudulent entry of Polisario chief to Spain

The scandal of the entry of Polisario leader into Spain under a false identity continues to spill ink in Spain after a judge in Saragossa ordered a probe to determine the civilian and military hierarchy that allowed the plane carrying the separatist leader to land in a military base, Spanish media reported. A crisis between […]