Africa Finance Headlines International

World Bank helps Gabon finance digital transformation project with $68.5m loan

Gabon has secured a credit facility of $68.5 million to finance “Projet Digital Gabon”, a digital transformation project aiming at creating an environment conducive to accelerating digital transformation. The deal was signed late December by Mays Mouissi, Gabon’s Minister of Economy, and the World Bank Country Director for the Central African country, Cheick Fantamady Kanté, […]

Africa Features Headlines International

DRC: Tshisekedi’s landslide victory dismissed by opposition as ‘sham’

Felix Tshisekedi, President of the Democratic Republic of Congo (DRC) has won a landslide victory, according to provisional results announced by the country’s election commission, which has secured him a second term in a vote opposition has dismissed as a “sham”. The announcement that the 60-year-old Tshisekedi won re-election with more than 70% of the […]

Africa Headlines International

Sierra Leone: ex-president Koroma charged with treason over failed coup last November

Sierra Leone’s former president Ernest Bai Koroma has been charged with treason, with officials saying the failed military coup in November that aimed to topple the West African country’s government was led mainly by his bodyguards The ex-president has been charged with four offenses for his alleged role in the attempted coup in which gunmen […]

Africa Headlines International

Somalia lashes out at ‘null and void’ Ethiopia-Somaliland port deal

Somalia has vowed to defend its territorial integrity by “all legal means possible” after a destabilizing deal inked on Monday (1 January) that has seen its breakaway region of Somaliland gain Ethiopia’s recognition in exchange for the latter’s access to the Red Sea. Following an emergency meeting on Tuesday (2 January), the Somali cabinet said […]

Africa Asia Community Headlines International

Israel denies reports of secret talks with many countries on relocation of Gaza’s Palestinians

A senior Israeli official on Wednesday evening rubbished a report by local media earlier in the day claiming that Israel is “in talks with the Democratic Republic of Congo” and other nations to discuss the possibility of relocating thousands of Gazans to these countries, Times of Israel reports. “There are those in Israel who think […]

Africa Headlines International

Hamas leader praises South Africa for filing genocide lawsuit against Israel at top UN court

The chief of Hamas’ political bureau has thanked South Africa for launching a case against Israel at the United Nations’ top court, outlined in detail in a 84-page long application, in which Pretoria alleges that acts and omissions by Israel in its war waged in the Gaza Strip are genocidal in character. In a televised […]

Africa Europe Headlines International

France shuts down embassy in Niger sine die amidst soaring ties

France announced Tuesday January 2 the closure of its Embassy in Niger’s capital of Niamey “until further notice”, citing major concerns. “For the past five months, our Embassy has been subjected to major obstacles that have made it impossible to do its job: a blockade around the Embassy, restrictions on employees’ movements, and the turning […]

Emerging Markets Finance Headlines Morocco

Morocco’s Central Bank Governor, best central banker in Africa

Governor of Bank Al-Maghrib (BAM), Abdellatif Jouahri, was named “Best Central Banker in Africa for 2024” by the London-based financial and international affairs magazine “The Banker”, affiliated to the “Financial Times” group. The Banker’s Central Banker of the Year 2024 awards celebrate the officials who have best managed to stimulate growth and stabilize their economy. […]

Headlines International Morocco

Morocco/drug trafficking: Nearly 1.5 ton of cocaine seized in Tanger-Med Port, about 363 kg of Cocaine grabbed in El Guergarate

Police at the Tanger-Med port, foiled, on Tuesday, an international drug trafficking operation and seized one ton, 488 kg and 80 grams of cocaine. This operation was carried out in close coordination with Spanish security services, as part of joint operational cooperation to combat international cocaine trafficking operations and neutralize the dangers and threats posed […]

Africa Headlines International

Chad’s new Premier unveils 41-member Cabinet

Succes Masra, Chad’s new Prime Minister, has presented a new cabinet of 41 ministers including 8 new comers, one day after his appointment by the country’s transitional leader, Mahamat Idriss Déby. Masra officially took office Tuesday January 2 in a ceremony attended by outgoing transitional Prime Minister, Saleh Kebzabo who led the administration for 14 […]