Africa Algeria Headlines International

Nigeria, Algeria struggle with cholera outbreak

Southern Algeria and northern Nigeria continue to struggle to contain a cholera outbreak amid floods and insecurity. In Algeria’s south, cholera and diphtheria spread among a late reaction from health authorities leading to over 23 deaths. Videos shared on social media showed congested hospitals in the impoverished Algerian south with patients lying on the ground […]

Africa Headlines International

Rwanda starts administering Marburg jabs

Rwanda said it unrolled a Marburg vaccination campaign after some 21 people were killed by the virus. Vaccination would at first focus on medics combating the disease and those most vulnerable, Health Minister Sabin Nsanzimana told reporters. On October 4, The United States government completed an initial shipment of vaccine doses and therapeutic drugs for […]

Africa Finance International

Ghana seeks $3bln loan from the IMF

Ghana and the IMF reached a staff level agreement for a loan worth $3 billion, an inroad in the West African country’s efforts to improve its public finances. Ghana is on a debt-restructuring program after it defaulted on most of its $30 billion international debt in 2022. “Performance under the IMF-supported program has been generally […]

Africa Finance Headlines International

Ghana issues gold coin to boost domestic savings

Ghana’s Central Bank launched a new gold coin to boost domestic savings, manage liquidity, and strengthen the Cedi currency. The coin, made from gold mined in Africa’s biggest producer of the metal, has been refined to 99.99% purity, Governor of the Bank of Ghana Ernest Addison told reporters. The coin comes in three sizes of […]

Africa Americas Finance Headlines International

USAID, AfDB partner to promote social, economic development in Sahel

The US Agency for International Development aid (USAID) and the African Development Bank (AFDB) signed a $600 million deal to promote social and economic development projects in the Sahel. The co-financing agreement will be used to support good governance, resilient agriculture, private sector development, water security, sanitation, and health systems. The agreement “reflects a joint […]

Africa Emerging Markets Headlines International Morocco

OCP Africa helps Mali develop sustainable agriculture

OCP Africa, a subsidiary of Morocco’s OCP Group, the world leader in plant nutrition solutions and phosphate-based fertilizers, will provide Malian farmers with customized solutions for the development of sustainable agriculture. Under an agreement signed Thursday with Mali’s ministry of agriculture, OCP Africa experts will conduct scientific studies and carry out tests in experimental plots […]

Africa Europe Headlines International

Britain and Mauritius reach historic agreement on Chagos Islands

Britain has announced an agreement to cede sovereignty of the Chagos Islands to Mauritius, resolving a long-standing dispute while preserving the UK-US military base on Diego Garcia. The deal allows for the resettlement of displaced Chagossians, addressing a historical injustice dating back to the 1970s. British Foreign Minister David Lammy emphasized that the agreement secures […]

Africa Energy Headlines International Mauritania

Mauritania-Senegal: Production of the “Grande Tortue Ahmeyim” gas field planned for early 2025

Mauritanian Minister of Energy and Petroleum, Mohamed Ould Khaled, has announced that the extraction operations from the joint gas field with Senegal, designated as the Grande Tortue Ahmeyim (GTA), are projected to start in early 2025. During his address at the inaugural Mauritanian-Senegalese Economic Forum in Dakar, which commenced earlier this week under the theme […]

Africa Emerging Markets Finance Headlines International Morocco

Morocco tops list of African countries offering highest salaries, Vanguard

Morocco topped the list of African countries where workers earn the highest salaries, according to a survey by Nigerian media the Vanguard. Morocco came first on the list “with an average salary of $2,031 due to its diversified economy, strong sectors like tourism, textiles, and mining, and strategic investments in infrastructure,” the media said. The […]

Africa Headlines International

Côte d’Ivoire: Ruling Party urges Ouattara to seek unprecedented fourth term

The ruling party of Côte d’Ivoire has expressed strong support for President Alassane Ouattara to seek a fourth term in the upcoming 2025 elections. This development increases the likelihood of the 82-year-old leader extending his tenure, despite previous indications of his desire to step down. The Rally of Houphouëtists for Democracy and Peace (RHDP) passed […]