Africa mining

El Nino-hit Southern Africa appeals for $5.5 bln in relief

Southern African countries hit by extreme El Nino weather phenomenon made an appeal for $5.5 billion to assist some 61 million affected people. The call was made by the Southern African Development Community, which brings together 16 members. Some countries in the region such as Zambia, Zimbabwe and Malawi saw their crops sapped by extreme […]

Strengthening Partnership Tops Agenda of Moroccan King’s Visit to Côte d’Ivoire

Strengthening the friendship ties and economic partnership existing between Morocco and Côte d’Ivoire is on top of the agenda of the current visit King Mohammed VI is paying to Abidjan.   Commenting on the visit, Ivoirian President Alassane Ouattara said the visit is “a new sign of confidence and friendship” towards his country. He expressed […]

Africa’s food imports projected to increase sevenfold to $110bn by 2025 — Afreximbank

Many African countries still depend solely on food importation to survive regardless of their large land areas, says a new report by the African Export-Import Bank (Afreximbank) that also reveals that all countries on the continent together spend an average of $50 billion annually importing foods. “The nations of Africa together import approximately $50 billion […]