Africa Headlines International

Sahel: armed groups, illicit arms trade fuels drug trafficking — UNODC report

Drug trafficking continues to thrive in the Sahel, home to 300 million people and a buyer’s market for guns, because of non-state armed groups which are very active there, according to a new 2023 report published Monday June 26 by the United Nations Office on Drugs and Crime (UNODC). The report explores the fight against […]

Columns Energy Europe Headlines International Morocco

Morocco’s green hydrogen potential attracts European investors

Morocco’s plans to become a green hydrogen powerhouse are luring European customers including Germany and most recently Netherlands. The Dutch and the Moroccan governments signed a financing deal to look into green hydrogen infrastructure. Germany had integrated Morocco in its H2Uppp program targeting hydrogen projects in developing countries. But the project that is closest to […]

Headlines Maghreb Morocco

UN chief reiterates MINURSO’s role is ceasefire monitoring

UN secretary general Antonio Guterres reiterated that the mission of the MINURSO is to ensure the ceasefire is respected in the Sahara region between Morocco and the Algeria-based polisario front. The statement deals a blow to the Polisario and their Algerian mentors who are still waiting for a referendum, a proposal that proved infeasibility and […]

Africa Headlines International

Wagner’s mutiny may have far-reaching implications for Africa’s security

Mali, Central African Republic (CAR) and other African countries, which sought closer ties with Russia that provided them, through Wagner Group, with military support, now — following Prigozhin’s armed revolt against the Kremlin — need to carefully assess the implications of these developments and take proactive measures to mitigate any potential risks, says a latest […]

Africa Energy Europe Headlines International

TotalEnergies again sued by Ugandans over ‘human rights violations’ in oil project

French oil giant TotalEnergies is being sued in Paris by 26 Ugandans, together with five Ugandan and French aid groups, for reparations over alleged human rights violations at its massive mega-projects in the East African country. People from the affected communities in Uganda say the energy firm caused “serious harm”, especially to their rights to […]

Africa Americas Europe Finance International

Mozambique’s ex-finance minister to be extradited to US for role in bond fraud

Mozambique’s former Finance Minister, Manuel Chang, will reportedly be extradited to New York next month to face charges in the United States over his role in a $2 billion bond fraud scandal involving also Credit Suisse Group AG that paid $475 million for its role in alleged fraud, a UN prosecutor said on Monday June […]

Business Egypt Features Finance Headlines

Banque Misr taps Talabat Egypt to provide financial and non-financial services MSMes

Egyptian State-owned “Banque Misr” has signed an agreement with food delivery services provider Talabat Egypt to offer financial and non-financial services to Micro and Small businesses (MSMes), per a press release issued Monday. According to the agreement, Talabat Egypt’s partners will receive concessional financing of up to EGP 2 million ($65,000) needed for their micro […]

Africa Business Features Finance Headlines International

IMF vows endorsement to political, institutional reforms in Burkina Faso

The International Monetary Fund (IMF) Monday June 26, threw its support behind the ongoing institutional and political reforms in Burkina Faso, adding that it can provide funding for the transitional process. Martin Schindler, Deputy Division & Mission Chief of the Washington-based institution underlined the support during a meeting with the transitional leader of the West […]

Africa International

At least nine people killed in road accident in Guinea

At least nine people were killed in a road accident Monday in Guinea’s fourth largest city of Kindia, after two cars collided, local media “Guinee News reports”. An SUV coming from Mamou, a city from sub-prefecture in a valley of the Fouta Djallon area, collided with a mini-bus coming from capital Conakry, as it tried […]

Europe Features Headlines International Tunisia

Netherlands poised to invest more in Tunisia (Mark Rutte)

Netherlands’ Prime Minister Mark Rutte indicated Monday June 26 that the European country is keen to pump more investments in Tunisia, chiefly into renewable energy and water sectors. Rutte held a telephone conversation with President Kais Saied. The Tunisian leader on the other hands expressed the desire to see both countries giving new momentum to […]