Moroccan tea

Tunisia misses out on Africa’s top 20 banks list

The 2025 ranking of African banks by Tier 1 capital confirms a well-established continental hierarchy, with South Africa, Egypt, Morocco, Algeria, and Nigeria dominating the top positions. Tunisia was absent. According to the latest data, the threshold for inclusion in the Top 20 now stands at approximately $2 billion in Tier 1 capital. Tunisia’s largest […]

No breakthrough in Egypt-Ethiopia Nile water talks

Talks between Egypt and Ethiopia on sharing the Nile water have hit a dead-end as both parties trade accusations. As Ethiopia’s Renaissance Dam, the largest in Africa, nears its completion, Egypt protested that the installation may block its share of Nile water, which secures more than 90% of the water supply in the arid country. […]

Africa climate summit concludes with ‘Nairobi declaration’ seeking global tax on fossil fuels

A landmark African Climate Summit (ACS) ended on Wednesday (6 September) after the political and business leaders adopted the Nairobi Declaration that seeks to address climate challenges in the continent and that represents a united front for Africa before negotiations for more funding at COP28. The ACS was dominated by discussions of how to mobilize […]