As the expiration of the Africa Growth and Opportunity Act (Agoa) approaches in September, former US ambassador to Kenya, Kyle McCarter, has cast doubt on the deal’s renewal, citing its unfavorable terms for the United States. McCarter, who served under the Trump administration, expressed skepticism about the prospects of extending Agoa through the HR 10366-Agoa […]
Authorities of Congo Brazzaville have rejected Societe Generale’s sale of its country subsidiary to Vista Group because the bank did not give it a right of first refusal, and wields legal action, Reuters reports. The Finance ministry of the central African country in a statement indicated that it was surprised by the announcement by SocGen […]
The number of women and children migrating from the Horn of Africa to the Gulf states has significantly increased and is a cause of concern, the head of the UN’s International Organization for Migration (IOM) has warned, citing climate change as the main driver of the increased migration. The treacherous journey from Djibouti, Ethiopia and […]
