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Eleven killed in “M23 attacks” in DRC’s North Kivu province

At least 11 people were killed Sunday in Democratic Republic of Congo’s province of North Kivu, in the attacks attributed to rebel group M23. The local population told the media the incident occurred in Rutshuru territory, dozens of kilometers from Goma, the provincial capital. “I’m at the scene, and there are 11 civilian corpses in […]

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Senegal’s opposition supporters hold peaceful protest

Senegalese opposition leader Ousmane Sonko has led a peaceful protest after the authorities blocked a rally to publicly confirm he would run in next year’s presidential elections, as the country’s prosecutor has filed an international arrest warrant against Sonko’s French lawyer. The 49-year-old main opposition figure, dressed in red in a sign of anger, appeared […]

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South Africa: China’s Huawei launches innovation center amid security concerns

South African President Cyril Ramaphosa has welcomed the opening of a new Huawei Innovation Center in the country, expressing hope that the Chinese giant’s new technologies would help Africa “leapfrog into the Fourth Industrial Revolution.” Speaking at the launch event in Johannesburg, Ramaphosa commended Huawei for its “confidence in the South African economy and its […]

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No anarchy in Kenya: President Ruto vows to quell tax-hike anti-govt rallies

Kenyan President William Ruto — who has said he ‘cannot accept anarchy’ amid opposition’s calls for more anti-government protests to be held later this week — has become yet another leader in the East African country who is facing the consequences of confusing a parliamentary majority for popular legitimacy, according to experts. Ruto warned his […]

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Egypt mulls plans to establish three new free Zones

Egypt is considering building three new Free Zones, Prime Minister Mostafa Madbouly announced Sunday to Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI). The future Zones, Madbouly’s office indicated in a statement, will be Alexandria, the 10th of Ramadan, and the 6th of October cities. The office also indicated that […]

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AfDB allocates Côte d’Ivoire €400 million in partial credit guarantee for international funds mobilization

The African Development Bank, AfDB, rubber-stamped Tuesday a €400 million partial credit guarantee for Côte d’Ivoire, to support the mobilization on international financial markets for strategic environmental, social and governance (ESG) projects. “The partial credit guarantee will enable Côte d’Ivoire to raise long-term financing from commercial banks, in line with its ESG Framework. Côte d’Ivoire […]

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Norwegian Yara International pulls out of Cameroon

Yara International ASA, a global leader in plant nutrition headquartered in Oslo, Norway, announced its withdrawal from Cameroon following a deal to sell its majority stake in Yara Cameroon to NJS Group, a minority shareholder and longstanding partner. Per the deal, NJS Group takes over the 65% stake held by Yara International France in the […]

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Egypt surpasses Nigeria in start-ups capital funding in Africa

Egypt is the continent’s new leader in the total equity funding raised by start-ups in Africa from June 2022 to June 2023, overtaking Nigeria, according to London-based African Private Equity and Venture Capital Association (AVCA). Per AVCA data, startups in the North African country raised $540 from June 2022 to July 2023. The amounts represent […]

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U.S grant Togo $3 million to address displaced population fleeing terrorism

The U.S. have granted Togo $3 million to attend to around 60.000 people displaced in the north of the African country struggling to contain terrorism activities. USAID, Washington’s agency, provided the aid facility. The World Food Program (WFP) and Catholic Relief Services (CRS) will be the agency’s operational partners on the ground. Per a press […]

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Three killed in helicopter crash in DRC

Three expatriates operating a helicopter died Tuesday after the aircraft crashed a few minutes after takeoff in the town Kambove, in the Haut-Katanga Province of the Democratic Republic of the Congo, reports say. A French pilot and a South African administrator and a Polish executive in charge of security were found dead after their helicopter […]