kobler

CHAN-2022: Morocco files appeal against CAF for failing to hold Algeria accountable for mixing sports & politics

The Royal Moroccan Football Federation has decided to file an appeal against the verdict made by African Football Confederation (CAF) which failed to take appropriate measures against Algeria for mixing politics and sports during the 2022 African Nations Championship. The CAF Disciplinary Board met over the weekend to deliberate on the matter referred to it […]

Solar Energy: AECF earmarks $20 million for SMEs & Startups in five African Countries

The African Enterprise Challenge Fund (AECF), an investment fund set up by the British government has announced a new investment of $20 million to support small and medium-sized enterprises (SMEs) and start-ups in five African countries. Ethiopia, Ghana, Nigeria, Senegal and Somalia are the selected countries for the React Household Solar Round 2 competition. AECF […]

China expands yuan payment system to Africa and Asia, challenging dollar dominance

In a strategic move to reduce global reliance on the U.S. dollar, China has welcomed six new financial institutions from Africa, the Gulf, and Central Asia into its Cross-border Interbank Payment System (CIPS). The expansion, announced during a ceremony in Shanghai, brings direct participation in the yuan-based payment network to 174 institutions, as China steps […]