birame

Djibouti inks $1bn deal with Hong Kong company to build rocket launch site

Djibouti has inked a preliminary technological cooperation agreement with Chinese multinational Hong Kong Aerospace Technology to build a $1bn satellite and rocket launch site which could see the launch of the first Africa-made satellite from the African continent. The deal with the Hong Kong-based company, which was signed by Djibouti’s President Ismail Omar Guelleh, includes […]

Algeria’s political crisis bodes ill for economy

The power grab by the military after the departure of long-ruling Abdelaziz Bouteflika has aborted hopes for a transition to a civilian government, hijacking Algerians’ ambitions to a democratic state and compromising prospects for economic development amid worrisome economic indicators. Army, a kingmaker The army’s pull back from politics during the era of Bouteflika after […]

African leaders’ dilemma: navigating new alliances amid fast-shifting geopolitics

With geopolitical confrontation and tensions deepening, the key global players are swiftly turning their focus on Africa, experts and observers note, with some of them warning African leaders to exercise prudence in forging international alliances, in particular with countries led by such “‘power-drunk’ leader(s) like Putin”. As African leaders are making strategic choices based on […]