Africa Emerging Markets Energy Headlines International

Rush for lithium in Africa reveals dark side of green energy, as it fails citizens, fuels corruption

As China has come to dominate global supply chains for critical raw materials (CRM) over the last two decades, the European Union and the United States have played a catch-up in race for the control of the CRM supplies — with African countries being “caught in the cross-fire”. Faced with China’s lithium mining head-start, the […]

Africa Headlines International

Ghana: Veteran leader seeks presidential comeback amid economic crisis

Former Ghanaian President John Dramani Mahama, a 65-year-old political veteran with experience across all governmental levels, campaigns for a return to leadership amid national economic challenges. His political journey, shaped by personal experiences including his father’s imprisonment during a military coup, has included roles as parliamentarian, minister, vice-president, and president. Mahama’s diverse background encompasses academic […]

Africa Finance Headlines International

Nigeria’s inflation nears 40% on back of higher food prices

Higher food prices triggered a surge in the inflation rate to 33.9% in Nigeria in October, up from 32.7% a month earlier, the national statistics agency said. The jump was attributed to a steep rise in the prices of staples such as maize, rice, and cooking oil, the agency said. In a bid to tame […]

Africa Headlines International

Senegal’s president secures large parliament majority

Senegalese political party PASTEF won Sunday’s legislative elections, giving the president a much-needed large majority to push on through with radical economic reforms. The contenders from different opposition coalitions have all accepted defeat following a peaceful Sunday vote. Bassirou Diomaye Faye, who achieved victory in March’s presidential election, dissolved parliament in September after opposition resistance […]

Africa Business Headlines International

Australian mining company accepts to pay Mali $160mln in tax dispute

Australian mining company, Resolute Mining, said it has accepted to pay $160 million to settle a tax dispute with the Mali government, after authorities detained its British CEO. The company agreed to an immediate settlement of $80mln from available funds, with the rest to be paid later, the media reported. The CEO was detained along […]

Africa Headlines International

Gabon adopts new constitution with landslide vote

More than a year after the military coup, the Gabonese people adopted a new constitution by 91.8% of the votes, with a turnout of approximately 53.5%, Gabon’s interior ministry announced. The adoption of the new constitution is expected to pave the way for elections and a return to civilian governance. The new constitution imposes a […]

Africa Emerging Markets Headlines International

Senegal holds legislative elections with key reforms at stake

The Senegalese have voted on Sunday in parliamentary elections that will determine if President Faye can carry on with an ambitious reform agenda. Pools closed the same day with results yet to be announced for the 165-seat parliament, where Faye does not have majority. Faye, who achieved victory in March’s presidential election, dissolved parliament in […]

Africa Emerging Markets Headlines International Morocco

Morocco’s OCP Africa launches agricultural service centers in Rwanda

OCP Africa, a subsidiary of Morocco’s OCP Group, recently launched an Agricultural Service Centers project in Rwanda, with a view to supporting small farmers and boosting productivity in this East African country. This transformative initiative was launched in partnership with the Rwanda Fertilizer Company (RFC) and the international NGO Cultivating New Frontiers in Agriculture (CNFA). […]

Africa Algeria Headlines International Tunisia

CAF/Scandal: Tunisia gives up its seat to Algeria in ultimate act of submission & humiliation

Both Tunisia and Algeria were supposed to submit their candidacies for a seat at the Executive Committee of the Confederation of African Football (CAF) for the North Africa region. But only one of them was expected to be elected member of the CAF Executive Committee. The election is set for March 2025 in Cairo, Egypt. […]

Africa Community Headlines International

Mali: Environmental crisis deepens as survival needs clash with conservation

Mali faces an escalating environmental challenge as tree-planting initiatives struggle against widespread deforestation driven by poverty and energy needs. Former Environment Minister Aida M’bo’s current conservation efforts highlight the complex balance between environmental protection and basic survival needs in one of the world’s poorest nations. The situation reflects broader challenges across Africa’s Sahel region, where […]