Medical aid to AU

Foreign investments in Africa decline 3% in 2023- UNCTAD

Foreign investment flows to Africa dropped by 3% in 2023 to $53 billion, despite an increase in investments in green energy projects, the UN Conference on Trade and Development (UNCTAD) said. While Egypt and South Africa drove the overall investment trend in the continent, countries such as Morocco and Mauritania are expected to benefit from […]

Burundi reaffirms steadfast support for Morocco’s sovereignty over its Sahara

Burundi has renewed its firm support for Morocco’s full sovereignty over its entire Saharan territory, describing the Autonomy plan offered by Morocco for the Sahara as the “ONLY credible and realistic” solution to the regional dispute. The supportive stand was expressed by Foreign minister of this African country Albert Shingiro, in a joint statement released […]

Ex-Mozambique minister extradited to US, pleads not guilty in $2bn fraud

After nearly five years in detention in South Africa, former Mozambican Finance Minister Manuel Chang was finally extradited to the US on Wednesday (12 July) where he was arraigned in a court in New York on Thursday (13 July) to face a fraud and corruption trial over a $2 billion scandal involving fraudulent government loans. […]