Business Headlines

Central African nations agree to merge two regional economic blocs

Central African ministers meeting in Cameroon Wednesday August 10 have agreed to merge the 11-member Economic Community of Central African States (ECCAS) with the six-member Economic and Monetary Community of Central Africa (CEMAC) in a move to boost trade and growth. The economy ministers said they want to foster regional integration, accelerate economic transformation and […]

Egypt Headlines

Egyptian female student stabbed to death by suitor after refusing proposal, in latest “revenge” murder

Egypt’s Public Prosecution has detained a young Egyptian student pending an investigation into charges of the premeditated murder of his girlfriend after the latter refused to marry the young man. 22-year-old Islam Mohammed according to the prosecution stabbed 17 times 20-year old Salma Baghat at Al-Shorouk Academy where both of them are students. Mohammed reportedly […]

Energy

LNG traders hit with huge losses due to LNG plants disruptions in Nigeria, US and Australia

Nigeria’s liquified natural gas (LNG) facility at Bonny Island has seen production decline in recent months as a result of a shortage of natural gas supply due to rampant theft and sabotage of oil and gas pipelines. Also unplanned disruptions at LNG plants in the United States and Australia have wrong-footed traders, including BP and […]

Africa Business International

SA’s Aspen to halt Covid-19 vaccine production as global demand dwindles

South Africa’s Aspen Pharmacare may soon be forced to halt its Covid-19 vaccine production as the overall demand, including government contracts for Covid-19 antivirals and vaccines, dry up. Aspen currently produces vaccines for Johnson & Johnson and, in March, it struck a deal to produce, price, and sell its own-brand version of the shot for […]

Africa International

Mali receives more military aircraft from Russia

Mali’s military government has been handed over several fighter jets and helicopters by Russia that is positioning itself to fill a political vacuum, as French and European forces are in the process of withdrawing from the country. The aircraft were formally received during a ceremony at Bamako’s airport, with Malian President Assimi Goita and Russian […]

Africa Finance Headlines International

IMF reforms and funding in Africa: focus on Ghana, Zambia, Kenya and Tanzania

Many, if not most, African economies have endured a torrid time over recent years, as their finances have been hard hit by two global crises – Covid-19 and the Russia-Ukraine war. As a result, numerous states across Africa have turned to the International Monetary Fund (IMF) for assistance. Ghana is expecting to receive $3 billion […]

Europe Headlines International Morocco

Ways to foster Moroccan-Spanish partnership, cooperation in security matters reviewed in Rabat

Ways to foster partnership and cooperation between Morocco and Spain in matters of security and the fight against transnational organized crime and terrorism were reviewed at a meeting in Rabat Wednesday between Director General of National Security and Territory Surveillance, Abdellatif Hammouchi, and Director General of the Spanish National Police, Francisco Pardo Piqueras, who is […]

Headlines Morocco

Morocco: Tangier Police foil international trafficking attempt of Rivotril psychotropic tablets

Police operating at the Tangier-Med port zone have foiled, Tuesday, an international trafficking attempt of 17,970 “Rivotril” psychotropic tablets, said a statement by the national police (DGSN). The operation was conducted on the basis of accurate information provided by the Directorate General of Territorial Surveillance (DGST). The psychotropic tablets were seized during a control operation […]

Americas Editorials Headlines International Opinions Tunisia

Crack widens in Tunisia-US relations

The rift is growing between Tunisia and one of its main donors, the United States, as President Kais Saied continues his power grab leaning on authoritarian Algeria. US Defense Secretary Lloyd Austin said Tunisia’s “dream of self-government” was in danger. His comment added to previous US criticism in the wake of the adoption of a […]

Africa Headlines International

DRC: Funding shortfall forces UNHCR to cut vital programs

UNHCR, the UN refugee agency, says it is unable to meet the growing humanitarian needs in the Democratic Republic of Congo because of a lack of money. The UNHCR is calling on donors to urgently step up to the plate to help the many refugees and displaced people in the country. In a statement made […]