Finance Headlines Libya

Libya: UN Security Council urges consensus-based resolution for Central Bank crisis

UN Security Council members voiced concerns over recent tensions in Libya, urging all Libyan actors and institutions to avoid unilateral actions that could escalate conflicts and deepen divisions. The council members called on Thursday for a de-escalation of tensions, urging Libyan leaders to refrain from using force, threats, or economic pressure, and to seek a […]

Headlines Tunisia

Tunisia: Court validates candidacy of Mondher Zenaidi, fifth candidate

In Tunisia, the drama is escalating as the October 6 presidential election approaches. The ISIE, the organization responsible for overseeing the election, had initially approved only three candidates, including incumbent Kaïs Saïed. However, on August 29, 2024, the administrative court overruled this decision, allowing Mondher Zenaidi, who had filed an appeal, to run. This decision […]

Africa Americas Emerging Markets Energy Headlines International

Ghana embraces nuclear future with US small reactor deal

Ghana is taking a bold step into the nuclear age, signing a deal for its first atomic power plant using cutting-edge small modular reactor technology. This move puts the West African nation at the forefront of a global push for cleaner energy solutions. The agreement, inked at a US-Africa summit in Nairobi, will see Ghana […]

Africa Features Headlines International

Nigeria, Niger ink security cooperation deal aiming to rebuild frayed security ties

Nigeria’s military and the junta in neighboring Niger have signed a new security agreement that aims to bolster regional stability and security a year after their normally positive bilateral ties soured after Niger’s coup in July 2023. Despite strained relations and their shared border being closed as part of the sanctions imposed by the Economic […]

Africa Headlines International

Russian ‘Bear Brigade’ troops exit Burkina Faso due to Ukraine’s Kursk incursion

The Russian private military company Bear Brigade has confirmed earlier reports by the French daily Le Monde that it had departed from Burkina Faso after arriving in the country in May. The 100-strong Bear Brigade, with links to Russia’s Defense Ministry, is withdrawing its fighters from the conflict-torn West African country due to Ukraine’s incursion […]

Africa Headlines International

Senegal halts mining along Falémé River to avoid environmental disaster

In a bold move to protect its vital waterways, Senegal has put the brakes on all mining activities along the Falémé River for nearly three years. This decisive action aims to address the growing environmental crisis threatening both the river ecosystem and the communities that depend on it. The government decree prohibits mining within 500 […]

Africa Energy Headlines International

Angola: ANPG and Sonangol search for oil in onshore blocks

The National Petroleum, Gas and Biofuels Agency (ANPG) and Sonangol Exploração e Produção are set to enhance their exploration efforts in the Kwanza Basin’s onshore blocks, by employing specialized services to detect oil and other hydrocarbons. In a press release issued on August 28, the ANPG announced that the project is scheduled to commence in […]

Energy Headlines International Libya

Oil prices edge higher amid Libyan supply concerns

Oil prices saw a modest rebound on Thursday August 29, recovering from two consecutive sessions of declines. This uptick was largely driven by renewed concerns about potential disruptions to Libyan oil supplies. Brent crude futures increased by nine cents, or 0.11%, reaching $78.74 per barrel. Similarly, U.S. West Texas Intermediate (WTI) crude futures climbed by […]

Africa Emerging Markets Energy Headlines International Morocco

Abidjan hosts regional workshop on Nigeria-Morocco Pipeline Project

Côte d’Ivoire’s economic hub Abidjan is currently hosting a pivotal regional workshop aimed at reviewing the Intergovernmental Agreement (IGA) and the Host Country Agreement (HGA) for the Nigeria-Morocco Africa-Atlantic Gas Pipeline project. This crucial event, which runs until August 30, brings together experts and representatives from several West African countries alongside a Moroccan delegation. The […]

Emerging Markets Headlines Morocco Technology

Launch of first Morocco-made nano-satellites for earth observation & radio communication

Two Moroccan nano-satellites, “UM5-EOSAT” and “UM5SAT-RIBAT”, have been launched lately by SpaceX on Falcon 9 rocket from U.S. Vandenberg Space Force Base in California. The launch of these two first satellites, weighing each 4kg, is the culmination of a long scientific cooperation set between Mohammed V University in Rabat, the National Centre for Scientific & […]