Africa Asia Business Emerging Markets Features Headlines International

DRC will take advantage of China’s export limits on rare metals amid global supply concerns

Congo aims to capitalize on increased germanium demand, created by export limits on gallium and germanium recently imposed by China, by establishing a new production unit, positioning itself as a valuable source of the semiconductor material. Invoking national security concerns, Beijing on Monday (4 July) announced export limits on select gallium and germanium components, raising […]

Features Headlines Tunisia

Tunisia arrests four citizens for housing illegal migrants

A court of the Tunisian second city of Sfax indicated Wednesday that four Tunisians have been arrested and indicted for housing illegal migrants, local media ‘Tunisie Numerique’ reports. The spokesman of the Court of First instance of Sfax reportedly indicated 33 illegal migrants were arrested and four other Tunisians also detained for housing them. The […]

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EU provides 66 million euro to Niger to back national budget

Josep Borrell Fontelles, the High Representative of the European Union for Foreign Affairs and Security Policy, announced Wednesday, the bloc will provide Niger with 66 million euro earmarked to back the West African country’s national budget. Borrell made the announcement following a meeting with President Mohamed Bazoum. He also argued that the support could be […]

Egypt Energy Europe Features Headlines International

Norwegian Scatec to build 5 gigawatts wind power plant in Egypt

Norwegian renewable power producer Scatec ASA will build a 5 gigawatts wind power plant in the Egyptian city of Sohag, near the Nile, following a $5 billion deal signed with the Egyptian ministry of Electricity and Renewable Energy. In line with the deal, the two sides signed Wednesday an agreement for Egypt’s New and Renewable […]

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Africa50 signs MoU with International Solar Alliance in a Lome meeting

Africa50, an infrastructure investment platform that contributes to Africa’s growth by developing and investing in bankable projects, signed Monday in the Togolese capital of Lome, a Memorandum of Understanding (MoU) with the International Solar Alliance (ISA) to support and finance solar projects in Africa. The deal, Africa50 notes, advances the organizations’ mutual goal of increasing […]

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West Africa: IFC, Orange Bank Africa ink partnership deal to increase digital lending for Small Businesses

The International Finance Corporation (IFC), the World Bank’s arm for the development of the private sector in developing countries, has signed a partnership agreement with Orange Bank Africa (OBA), Orange Group’s digital bank, to “enable the smallest businesses in West Africa to access the financing they need to grow”. As part of the deal signed […]

Africa Features Headlines International Tunisia

Tunisia detains three Sub-Saharans following stabbing to death of one Tunisian

Three Sub-Saharans illegally living in Tunisia have been arrested after the death of 38-year old Tunisian man by stabbing in the governorate of Sfax. The stabbing according to Sfax 1 Court occurred last Monday in the commune of Sekyet Eddeyer of Tunisia’s second city. The deceased was reportedly attacked by the three men in the […]

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Africa’s voice on Artificial Intelligence regulation must be heard in global talks

With the first summit on global Artificial Intelligence (AI) regulation due in the autumn, experts and stakeholders call for African voices to be represented in forming the new rules – digital inequalities must not be exacerbated by Artificial Intelligence. The United Kingdom will host a global summit on safety in artificial intelligence in the autumn, […]

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China plans to build industrial complex in Niger capital Niamey

China will build an industrial complex for several industries including agri-food, manufacturing, mining and real estate in Niger’s capital Niamey, Beijing’s envoy to the West African country indicated Monday. Jiang Feng made the announcement after meeting with President Mohamed Bazoum. He also argued that the future complex is the translation of agreements of April 26 […]