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African Union’s inclusion in G20 receives broad support at India meeting

There has been no disagreement thus far among various Group of 20 (G20) nations over India’s proposal to include the African Union (AU) into the global group, with the United States saying it will work closely with the Indian presidency on a joint communique at the 3rd Sherpa Meeting in Hampi, India. Since Indian Prime […]

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Côte d’Ivoire freezes 2023-2024 cocoa exports due to bad weather

The world’s largest producer of cocoa, Côte d’Ivoire, has suspended its 2023-2024 exports citing bad weather that has caused the death of at least 30 people since April 2023. Yves Brahima Koné, head of the country’s cocoa regulator, told media that the freeze will deal a blow to buyers who are big raw materials trading […]

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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 […]