Africa Business Emerging Markets Headlines International

Barrick Gold waves production halt in Mali due to regulatory dispute

Barrick Gold, the second largest gold mining company globally, said it mulls stopping production at its mine in Mali if the ban on shipments was not lifted. The company made the threat in reaction to measures by Bamako authorities to renegotiate the permit in order to have a bigger share of operations in the gold […]

Africa International

Kenyan and Nigerian presidents ranked among world’s most corrupt leaders of 2024

Kenyan president William Ruto has received the most votes and has thus become — together with Nigerian president Bola Ahmed Tinubu — one of the top five 2024 finalists for the Organized Crime and Corruption Reporting Project (OCCRP) ‘Person of the Year’ award. Ruto received an unprecedented number of 40,000 nominations for ‘Person of the […]

Business Features Finance Headlines

Nigeria, Malawi and Rwanda have Africa’s worst-performing currencies in 2024

Nigerian naira, Malawian kwacha and Rwandan franc have been named the worst-performing African currencies against the US dollar in 2024, according to a latest report, having faced an array of challenges, from persistent trade imbalances, dwindling foreign reserves, to political instability. Some African nations strengthened their currencies, while others faced worsening exchange rates in 2024. […]

Africa Business Emerging Markets Headlines International Morocco

Morocco’s top port operator expands to East Africa

Morocco’s leading port operator, Marsa Maroc, plans to invest in the capital of Djibouti’s Damerjog Oil FZE, which is funding an east African oil and gas terminal and pipelines. Marsa Maroc has created a subsidiary dubbed Marsa Maroc International Logistics to oversee its African expansion. The new company will run the Djibouti investment through its […]

Africa Columns Community Features Headlines International Morocco

Ghana enhances support for Morocco, suspends diplomatic relations with the Polisario Front

The Republic of Ghana has decided to suspend its diplomatic relations with the Polisario Front, according to an official document sent Tuesday from Ghana’s Ministry of Foreign Affairs and Regional Integration to Morocco’s Ministry of Foreign Affairs. Ghana also confirmed it would promptly notify, via diplomatic channels, the Government of Morocco, the African Union, and […]

Europe Headlines International Libya

Libya to replace Syria as Russia’s Mediterranean hub

Since the ousting of Syrian president Bashar Assad, there has been a surge in Russian air and maritime traffic to Libya, where Moscow seeks a new Mediterranean hub. Flights increased from the Syrian Hmeimim base to Al Khadim’s airbase in the Libyan desert, where Russia was transferring its military equipment, according to data analyzed by […]

Africa Headlines International

Mali: Army reports arrest of Islamic State-affiliated group leader

Mali’s security forces said they have arrested two individuals in a special operation, one of whom is a prominent and leading figure in the Islamic State group’s Sahel branch. Malian army, which has been fighting an Islamist insurgency for years, has also reported that several fighters from the terrorist group were killed on Saturday (4 […]

Europe Headlines International Morocco

Frence’s President hails as unprecedented the ambition of Partnership with Morocco

French President Emmanuel Macron hailed on Monday the “unprecedented ambition” of the partnership built with Morocco during his recent state visit to the Kingdom, at the invitation of King Mohammed VI. “One of the highlights of recent months has been what we managed to build with His Majesty King Mohammed VI during the state visit,” […]

Algeria Europe Headlines International

France arrests three pro-Algerian regime influencers

French authorities arrested three Algerian influencers on social media who threatened to use violence against Algerian regime’s opponents in France. The arrest signals that France will take seriously the calls for violence emanating from figures with ties to the Algerian regime, which has mobilized many influencers to smear and attack opposition figures. A spate of […]

Africa Algeria Columns Europe Headlines International

Terror Threat: UK advises against all travel to Algeria’s borders with Libya, Mauritania, Mali, Niger & Libya

The growing insecurity in Algeria and heightened geopolitical tensions have pushed the UK foreign Office to issue a new warning against all travel to within 30km of Algeria’s borders with Libya, Mauritania, Mali, Niger, and Tunisia. According to British authorities, the “threat from terrorism is higher” in some parts of Algeria, especially in the southern […]