Africa Energy Headlines International

Côte d’Ivoire to supply fuel to Guinea in wake of fuel terminal explosion

The Ivorian Government announced Wednesday December 27 the decision to send every month 50 million liters of fuel to Guinea, which is facing an acute shortage following the explosion this month of the country’s fuel terminal. “Côte d’Ivoire commits to deliver 50 million liters of fuel per month to Guinea”, the State-run television RTI said […]

Africa Europe International

Chad: Home security ministry bans demonstration in front of French military base

Mahamat Charfadine Margui, Chad’s Minister of Public Security, banned Wednesday a demonstration planned this Thursday December 28 by a political party in front of the French military base in the country. The sit-in, called for by Le Front Populaire pour la Fédération [Popular Front for the Federation], is illegal because it does not abide by […]

Africa Asia Headlines International

Chinese workers in Africa and link with host political regimes (Ghana vs. Algeria) — study

Fresh allegation has resurfaced in Nigeria that Chinese firms operating in the West African country employ prisoners from China, but although the validity of the rumor is questionable, the presence of large numbers of Chinese workers laboring on infrastructure projects built by Chinese companies is one of the most controversial aspects of China’s economic engagement […]

Business Europe Finance Headlines International

Kenya moves closer to seal EPA deal with EU, while also seeking $1bn loan from China

As Kenya is moving closer to sealing an Economic Partnership Agreement (EPA) with the European Union, the East African economic powerhouse has also announced the possibility of a $1bn loan from China that could be used to help pay off a $2bn Eurobond repayment that is due in June next year. Kenya’s economic partnership deal […]

Africa Headlines International

Chad: experts slam new junta-backed constitution as part of Deby’s ‘long-term power play’

86% of Chadians have voted in favor of a controversial new draft constitution, the government commission that organized it has announced, despite resistance from critics who say the referendum was merely designed to help cement the power of junta leader Mahamat Idriss Deby. Chad’s military authorities have described the vote as a vital stepping-stone to […]

Africa Headlines International

DRC opposition to hold protest against election ‘irregularities’ despite govt’s ban

Concerns are emerging about the possibility of yet another cycle of violence in the Democratic Republic of Congo after its government banned protests called for by five opposition candidates who are complaining of irregularities and fraud in the last week’s presidential vote. Almost a week on from the chaotic poll that was marred by logistical […]

Africa Business International

Benin lifts ban on exports to Niger

Benin’s Cotonou port authority (PAC) lifted Wednesday December 27 the ban on the exportation of goods to neighboring Niger. The ban was part of the implementation of sanctions against Niger by the regional bloc, the Economic Community of West African States (ECOWAS), after the seizure of power on July 26 by a junta. Bart Van […]

Africa Business Emerging Markets Headlines International

Intra-EAC trade grows less than bloc’s external trade, as members impose more barriers

East African trade is threading in the wrong direction as member states of the East African Community (EAC) are trading more with countries outside the bloc rather than with each another, owing to pesky trade barriers. While trading less within the EAC, members of the regional bloc are trading more with other African countries, particularly […]

Emerging Markets Europe Finance Headlines International Morocco

Morocco, Germany’s KfW ink financing deals

Morocco and the German Development Bank (KfW) on Wednesday formalized three loan agreements totaling 250 million euros and two grant agreements amounting to 7 million euros. The agreements are earmarked for financing three pivotal projects focused on social protection, sustainable mobility, and irrigation. These agreements were signed in Rabat by Fouzi Lekjaa, Minister in charge […]

Columns Community Emerging Markets Headlines Morocco

Morocco: 2023 earthquake, a tale of unity, solidarity, resilience

2023 will be remembered in Morocco as the year when a powerful earthquake struck several regions of the Kingdom on September 8th, leaving nearly 3,000 martyrs and many injured. But with tragedy comes unity. The quake, which hit hard the remote Atlas Mountain villages, has shown the strong bonds existing between the Throne and Moroccan […]