Africa Headlines International

Return to calm in the streets of Ouagadougou

Calm returned to the streets of Burkina Faso’s capital, Ouagadougou, on Saturday, the day after a coup d’état, the second in eight months, which resulted in a change at the head of this country, undermined by jihadist violence. Lieutenant-Colonel Paul-Henri Sandaogo Damiba, who himself came to power in January following a putsch, was removed from […]

Finance Headlines International Morocco

Moroccan banks control 21% of the west African market

Thanks to decades of investments, Moroccan major banks increased their market share in the 8 countries of the West African economic community (ECOWAS) to 21%. A recent ECOWAS report highlighted the expansion of Morocco’s Attijari Wafabank, BCP and Bank of Africa, whose activities dominate some countries such as Mali. In Mali, the three banks have […]

Energy

EU, Namibia discuss critical raw materials and hydrogen partnership

The 2022 Session of the EU-Namibia Political Dialogue took place in Windhoek earlier this week (28 September), during which the two parties engaged in an in-depth discussion on several topics of shared and common interest, ranging from peace and security, climate change to trade and economic cooperation. Co-chaired by Netumbo Nandi-Ndaitwah, Deputy Prime Minister and […]

Africa Business International

Gabon launches 3rd airline to fly oil & gas companies’ staff

Gabon’s civil aviation, ANAC, has issued an operation permit to Gabon Aero Solutions, a private airline using helicopters, to transport personnel of oil and gas companies operating in the central African country. Christophe Lacombe, a helicopter pilot, is the project director. Based in capital Libreville, the company is launched with private capital gathered from Gabonese […]

Africa International

Chad: AU demands junta in power to stick to 18-month transition

The Peace and Security Council (PSC) of the African Union has called on the Chadian junta to stick to 18 months period for the completion of the transition and said it opposes the candidacy of any member of the Transition Military Council (TMC) led by Mahamat Deby, son of former leader Idriss Deby. The PSC’s […]

Finance Headlines Morocco

AfDB Lends Morocco €199 Mln for Climate Resilient Crops

The African Development Bank has approved a €199 million loan to finance Morocco’s competitive & resilient cereal development program to help boost food security, nutrition, and crops resilience across Africa. The program will help reduce Morocco’s cereal imports, focusing on improving productivity and the resilience of cereal production to climate change. It also provides for […]

Africa Finance International

UNDP loans Cameroon $21m to strengthen SMEs’ resilience

The UNDP and Cameroon have inked a loan deal of $21 million earmarked to strengthen the resilience of Small and Medium Enterprises (SMEs) of the central African country in addressing impacts of the COVID-19 pandemic, Journal du Cameroun reports. The agreement signed between UNDP Chief in Cameroon Jean-Luc Stalon and Alamine Ousmane Mey, Minister of […]

Africa International

Uganda: Two successive crashes of army helicopters leave at least 22 soldiers dead

Two crashes of helicopters of the Ugandan army on Monday and Tuesday on mission against terrorists in the Democratic Republic of Congo (DRC), killed at least 22 soldiers including 3 Congolese soldiers, Anadolu news agency reports citing the Congolese army. The first crash occurred near the village of Boga, in the Ituri province of the […]

Energy Headlines International Morocco

Moroccan UM6P university and Israel’s Bar-Ilan to cooperate on clean energy

Moroccan UM6P University and its Israeli peer Bar-Ilan agreed to cooperate in developing clean energies, notably those based on hydrogen, renewables and recycling. The resumption of ties between Morocco and Israel in late 2020 paved the way for academic cooperation between the two countries, including through exchange programs. This new partnership will enable young researchers […]

Energy

Million livelihoods in DR Congo threatened by planned oil, gas projects — Report

Planned oil and gas exploration in the eastern Democratic Republic of Congo could expose more than one million people to pollution and disease, according to a report released by the environmental group Greenpeace Africa. The planned selling of 30 eastern land blocks that extend into a famous gorilla reserve would also threaten wildlife and food […]