Moroccan peace keepers

China Development Bank to support SMEs in Africa with $400-million loan to Cairo-based Afreximbank

The China Development Bank (CDB) and the African Export-Import Bank (Afreximbank) inked Monday August 28 a $400-mllion loan to be used to support the financing of small and medium-sized enterprises (SMEs) across Africa. President of CDB, Mr. Tan Jiong, and President and Chairman of the Board of Directors of Afreximbank, Prof. Benedict Oramah, signed the […]

Algeria’s Lebanon-based Sonatrach subsidiary mired in corruption, adulterated fuel

A court in Lebanon has ordered the arrest of 17 people, including the Chief of Sonatrach Petroleum (SPC), a subsidiary of Algeria’s state-run oil company, on corruption and supply of adulterated fuel charges. Judge Ghada Aoun, prosecutor at Mont-Liban court of appeal, ordered the arrest after state-run Electricity of Lebanon (EDL) lodged early this month […]

Senegal commemorates 80 years since French colonial massacre, seeking accountability

Senegal on Sunday (1 December) commemorated the 80th anniversary of a colonial-era massacre of African soldiers who were gunned down by French troops even though they had fought for France during World War II. The Senegalese soldiers were massacred by the French at Thiaroye in 1944 simply for demanding fair treatment and payment on their […]