Africa Finance Headlines International

Ghana proposes $13 billion bond restructuring to address economic woes

Ghana has extended an invitation to holders of approximately $13 billion in international bonds to exchange their holdings for new instruments. This offer follows a preliminary restructuring agreement with two bondholder groups. The deadline for the offer is September 30, with an early deadline of September 20 offering a 1% consent fee for early participants. […]

Africa Energy Headlines International

Kenya suffers partial grid collapse

Most of Kenya was cut off from electricity on Friday following major grid failures, grid operator and the energy ministry said. The outage was blamed on two trips at a transmission line and on the Ethiopia-Kenya high voltage transmission line, Energy Minister Opiyo Wandayi said in a statement. “The loss of 488MW, accounting for 27.3% […]

Libya

Two dead, three injured in clashes in Libya’s Al-Khums

The Joint Health Chamber in Al-Khums Municipality has declared a state of emergency following clashes in the city on Wednesday night and Thursday morning. Al-Khums Education Hospital reported receiving the bodies of two individuals who were killed, along with three others who were injured. Emergency responders from the Ambulance and Emergency Department, as well as […]

Asia Europe Headlines International Morocco

Morocco’s Hammouchi takes part in 8th INTERPOL meeting of police chiefs of MENA Region

Director General of Morocco’s National Security and Territorial Surveillance, Abdellatif Hammouchi, took part in the 8th INTERPOL meeting of police chiefs of the Middle East and North Africa region, held at INTERPOL headquarters in Lyon September 3-4. This meeting allowed the Kingdom’s national security services to highlight their experience in combating new forms of crime […]

Africa Asia Business Emerging Markets Headlines International Morocco

Morocco reaffirms commitment to strengthening Chinese-African partnership

The Moroccan Government reaffirmed on Thursday in Beijing steadfast commitment to advancing and strengthening further partnership between African countries and China for shared prosperity and inclusive growth unleashing Africa’s full potentials. Addressing the China-Africa cooperation summit 2024 convening in Beijing (Sept.4-6), Morocco’s Prime Minister Aziz Akhannouch, who is representing King Mohammed VI at this event, […]

Uncategorized

Tunisia: Presidential candidate Ayachi Zammel provisionally released and re-arrested

Presidential candidate Ayachi Zammel was released on Thursday September 5 by the Correctional Chamber of the Manouba Court of First Instance, after his defense team requested a postponement of the case until September 19 to prepare their defense. However, shortly after his release, Tunisian police re-arrested him late Thursday, just minutes following the judge’s order, […]

Finance Headlines Libya

Libyan rivals agree to appoint new central bank governor

Libya’s rival factions agreed to appoint a new central bank governor after the former chief left the country under pressure from militias. The Libyan infighting between the West and East governments spilled over to the Central Bank last month forcing suspension of its activity and jeopardizing the country’s monetary regulator. The House of Representatives based […]

Headlines Libya

Libyan Authorities identify suspects in killing of “Al-Bidja”

Libyan authorities have announced the identification of two suspects in the assassination of Major Abdulrahman Milad, commonly known as “Al-Bidja.” The attack took place on a road connecting Tripoli with the city of Zawiya, according to a statement from the Attorney General’s Office, released earlier this week. Milad was ambushed while traveling between the two […]

Business Emerging Markets Headlines Mauritania

Mauritania: Towards reduction of prices of certain staple foods

The Mauritanian Ministry of Commerce announced a new memorandum of understanding with the Federation of Commerce, aimed at lowering the prices of essential foodstuffs. This agreement seeks to alleviate the financial strain on Mauritian consumers by stabilizing the cost of basic groceries amid challenging economic conditions. According to the Ministry’s statement, the new pricing concerns […]

Africa Headlines International

Congo receives first Mpox vaccines amid ongoing health crisis

Congo has received its first shipment of mpox vaccines, with 100,000 doses arriving in the capital and another 100,000 expected shortly. The European Union donated the JYNNEOS vaccines, made by Bavarian Nordic. UNICEF will oversee the vaccination campaign in the most affected regions. However, the 380,000 doses promised by Western partners fall far short of […]