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Sudan fighting likely to affect supply chains, disrupt regional trade — analysts

As fierce battles between armed forces loyal to two rival generals continue raging and with Sudanese counting their losses, the wider region is already reeling from the impact of the one-week conflict due to Khartoum’s economic importance in Northeast Africa, according to analysts. Khartoum’s economic importance to its neighbors have already been felt and, as […]

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Electric Vehicles: LG Energy Solution Chooses Morocco to Secure Lithium Supplies

Morocco’s gigafactory ecosystem is taking form. South Korean LG Energy Solution Ltd, the world’s 2nd-largest battery maker for electric vehicles, turned to Morocco to secure lithium supplies through an association with Chinese Yahua. On Wednesday, LG Energy Solution Company signed a Memorandum of Understanding with lithium compound manufacturer Yahua to produce lithium hydroxide in the […]

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Rabat Decries Israeli Police Raid on Al Aqsa Mosque

The Moroccan Government has strongly condemned the Israeli forces raid on Al Aqsa Mosque, third holiest site in Islam, denouncing the violent attack of worshippers during the holy month of Ramadan. Morocco, whose King Mohammed VI chairs Al Quds Committee, stresses the need for the respect the legal, religious and historical status of Al Quds […]

Africa Business Emerging Markets Features Headlines International

WTM Africa 2023 shows optimism over continent’s tourism sector prospects

Africa’s travel market is open again and experiencing a boom, despite the serious damage the industry sustained due to the Covid-19 pandemic — this is a sentiment expressed by an estimated 600 exhibitors at the World Travel Market (WTM) Africa, the continent’s biggest and most important travel and tourism event that has officially opened its […]

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ECOWAS, EU, FAO join forces to boost fishery production across West Africa

The Economic Community of West African States (ECOWAS) has teamed up with the European Union and the Food and Agriculture Organisation (FAO) with the aim to boost fishery production across the West Africa region. The ECOWAS has recently convened more than 100 experts in a meeting tagged ‘Improved Regional Fisheries Governance in Western Africa (PESCAO)’ […]

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Sahel is becoming ‘immensely dangerous’ ‘no-go area’ for journalists, RSF warns

Reporters Without Borders fears reporting in Africa’s Sahel region will soon be ‘mission impossible’, as the international NGO reveals in its latest report published on Monday (3 April) where it describes a deterioration in the working conditions of journalists. Local and international media are caught between jihadist threats and pressure from the authorities, as was […]

Africa Features Headlines International

Senegal’s president ready to dialogue amid high political tensions

Senegalese President Macky Sall has said he was open to dialogue in the interest of “peace and national cohesion” amid high political tensions in one of West Africa’s most stable countries. Speaking on state TV Monday (3 April) on the eve of Senegal’s 63rd independence anniversary, Sall made no mention of the 2024 presidential elections […]

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World Bank calls for further lowering of remittance costs to Sub-Saharan Africa

The World Bank and industry stakeholders have called for the lowering of the cost of sending remittances from the African diaspora to their home countries, as the money sent home is crucial in supporting household expenses in many developing countries. Sub-Saharan Africa remains the region most affected by the global crisis, but remittance inflows from […]

Africa Features Headlines International

DRC: UN chief “alarmed” by surge in violence, as militia executes 17 hostages

The escalating violence in the east of the Democratic Republic of Congo (DRC) has claimed more than 700 lives at the hands of militia fighters since December last year, the United Nations said Monday (27 March). This comes as the CODECO insurgents, a notorious militia operating in the region, a day earlier executed at least […]

Energy Features Headlines

Chad’s ‘nationalization’ of all Exxon-owned assets disputed by UK’s Savannah Energy

Chad has announced the nationalization of assets of a former subsidiary of US oil and gas giant ExxonMobil in Chad, which comes after the company divested from them in December 2022 A decree signed by Chad’s president, Mahamat Idriss Deby Itno, on Thursday (23 March) declared that all the assets, prospection rights, operating permits and […]