DRC: campaign for 20 December legislative and presidential elections kicks off

Over 100.000 candidates in the Democratic Republic of Congo (DRC) have officially launched a month-long campaign for the legislative provincial and municipal elections due to be held on 20 December, which also include 26 candidates running for the highest office, just as conflicts besetting several parts of the country threaten to hamper the political process. […]

Chariot raises $15 Million in funds for a new onshore gas drilling in Morocco

Chariot, a London-listed, Africa-focused energy company, announced on Tuesday it has raised $15 million (£11.7 million) for its onshore drilling operation in Morocco. The company said the funds were raised through the placement and subscription of 89.6 million shares at an issue price of 14 pence per share, according to a statement from Chariot posted […]

As BRICS Pay rises, Africa rethinks cross-border payments

Africa’s long-fragmented cross-border payment systems may be on the cusp of transformation, driven by emerging alternatives to Western-dominated networks like SWIFT. The launch of BRICS Pay — a decentralized platform aiming to settle transactions in local currencies — signals a broader push to reduce reliance on the U.S. dollar and challenge the geopolitical sway it […]