Africa Europe Features Headlines International

Uganda, S.Sudan, Congo most vulnerable to extreme heat if climate targets not met — Oxford report

The planet’s record-breaking hot weather has caused severe drought in many places around the world and African nations risk extreme heat if climate targets are missed, with Uganda, South Sudan, and Congo being among the most vulnerable to soaring temperatures, a recent Oxford study has warned. According to the report, eight of the 10 countries […]

Africa International

Kenyans & Nigerians feel the brunt of tax hikes, rising living costs

With tax hikes and living costs in Kenya and Nigeria rising sharply, ordinary people in both countries are feeling the strain — as a result, Nairobi braces for more anti-government protests that are happening despite the government warning it would not tolerate further unrest after earlier demonstrations turned violent. Kenya’s government closed schools in Nairobi […]

Africa Business Emerging Markets Features Headlines International Morocco

Rabat and Moscow Discuss Bilateral Ties and Upcoming Russia-Africa Summit

The Moroccan-Russian relations and the 2023 Russia-Africa Summit due in St. Petersburg July 27-29 were at the center of talks held Wednesday in Moscow between Moroccan ambassador to Russia Lotfi Bouchaara and deputy foreign minister Mikhail Bogdanov. The two parties also discussed bilateral political dialogue on regional issues of common concern, said the Russian foreign […]

Europe Headlines International Morocco

Israel’s recognition of Morocco’s sovereignty over Sahara is a ‘major boost’ for Mideast peace (British MP)

Israel’s decision to recognize Morocco’s sovereignty over the Sahara is a “major boost for the peace in the Middle East,” British Conservative MP Liam Fox said on Wednesday. The vision and commitment to peace by King Mohammed VI and Prime Minister Benjamin Netanyahu will take bilateral relations to a new high and send a strong […]

Features Headlines Tunisia

AfDB loans Tunisia $87.1m to finance project in cereal sector

The African Development Bank (AfDB) and Tunisia inked a deal Wednesday for a $87.1-million credit facility for the financing of a project to support the inclusive and sustainable development of the cereals industry (PADIFIC), local reports say. Samir Saied, Tunisia’s Minister of Economy and Planning and AfDB’s Deputy Director General for North Africa Malinne Blomberg […]

Business Features Finance Headlines

Benin gets €80 million-loan from AfDB to upgrade Cotonou Port

Benin has secured an 80 million euros loan facility from the African Development Bank (AfDB) to improve and expand Cotonou harbor, one of the main maritime access points for landlocked countries in West Africa. The loan is split into two: €55 million from the African Development Bank and €25 million from Africa Growing Together Fund, […]

Africa Asia Energy Features Headlines International

DR Congo, UAE sign $1.9bln mining deal

The Democratic Republic of Congo (DRC) and the United Arab Emirates (UAE) have signed a mining deal worth $1.9 billion for which the Gulf country will develop several mining fields. The deal was signed Monday with state miner “Société Aurifère du Kivu et du Maniema”, “Zawya” reports, citing a statement from the Congo’s President Felix […]

Business Features Finance Headlines

IMF praises Chad’s debt restructuring deal

The International Monetary Fund (IMF) Managing Director Kristalina Georgieva hailed Wednesday the progress made in restoring debt sustainability globally including Chad, at a meeting of the G20 Finance Ministers and Central Bank Governors in India, “Zawya reports”. The central African country in November 2022 reached an agreement with its creditors, notably Swiss commodities trader Glencore, […]

Africa Europe International

South Africa: Putin to attend BRICS summit despite ICC arrest warrant

South African President Cyril Ramaphosa on Tuesday asked permission from the International Criminal Court (ICC) not to arrest his Russian counterpart Vladimir Putin, after latest South African media reports confirmed that the Russian leader will indeed attend the BRICS summit in South Africa. Following the arrest warrant issued by the ICC against Putin, accusing him […]

Americas Headlines International Morocco

The US reiterates its position in support of Morocco’s sovereignty over the Sahara

The United States has reaffirmed its unequivocal position in support of Morocco’s sovereignty over the Sahara, two days after Israel made a similar move. Speaking to the media, spokesman for the State Department Matthew Miller said the US recognition of the Sahara as part of Morocco “has not been changed.” He also said the US […]