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Tug-of-war: West and Russia vying for influence in Africa
French President Emanuel Macron and Russian Foreign Minister Sergey Lavrov are each visiting several African countries this week in what is widely seen as a tug-of-war over zones of influence on the continent. Speaking during a visit to Ethiopia, Lavrov on Wednesday (27 July) criticized the reliance of the global economy on the US dollar, […]
EBRD Lends €2 Mln to Moroccan E-Payment Firm
The European Bank for Reconstruction & Development (EBRD) announced on Thursday the approval of a €2 million loan to Société Maghrebine de Monétique S.A. (S2M), a Moroccan firm that develops e-payments systems. The loan will enable S2M to enhance its competitiveness and increase employment opportunities for young people with on-the-job-training programs Under the Bank’s Blue […]
Somali gov’t, al-Shabab deny peace talks as president calls on militants to surrender
Both the Somali government and the al-Shabab militant group have denied having held peace talks, which comes after President Hassan Sheikh Mohamud had called on “brainwashed” young al-Shabab fighters to surrender to the government amid ongoing military offensives against the group. The denial came from a senior government official Saturday after Abdulfatah Kasim Mohamud, a […]



