North Africa Post
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Côte d’Ivoire surpasses SA to top sub-Saharan African sovereign rating — S&P report

North Africa Post

Côte d’Ivoire, the world’s top cocoa producer, has risen to the top spot as the best-rated sovereign in sub-Saharan Africa with foreign debt outstanding, overtaking South Africa, according to the latest S&P Global Ratings. While both countries maintain their BB- ratings by S&P Global Ratings, Côte d’Ivoire shifted to positive on what the ratings company […]
Africa Emerging Markets Energy Headlines International

Uganda set to become Africa’s third nuclear-powered country by 2031

North Africa Post

The Ugandan government has announced its plan to construct the country’s 1st — and likely Africa’s 3rd — nuclear facility, the Buyende Nuclear Power Plant, in collaboration with China National Nuclear Corporation (CNNC) that would assist Uganda in developing capabilities for peaceful use of atomic energy. Currently in Africa, only South Africa has an active […]
Africa Algeria Headlines International Maghreb

Mali recalls its ambassador to Algiers for consultation

North Africa Post

Mali summoned its ambassador to Algiers against the backdrop of worsening ties accusing Algeria of interfering in Mali’s domestic issues and “unfriendly acts.” After it summoned Algiers ambassador to Bamako to protest against Algeria’s meddling in Mali’s internal issues, Algiers responded by summoning Mali’s ambassador to Algiers, in a move that was seen in Mali […]