Africa Americas Emerging Markets Energy Headlines International

Ghana embraces nuclear future with US small reactor deal

Ghana is taking a bold step into the nuclear age, signing a deal for its first atomic power plant using cutting-edge small modular reactor technology. This move puts the West African nation at the forefront of a global push for cleaner energy solutions. The agreement, inked at a US-Africa summit in Nairobi, will see Ghana […]

Africa Features Headlines International

Nigeria, Niger ink security cooperation deal aiming to rebuild frayed security ties

Nigeria’s military and the junta in neighboring Niger have signed a new security agreement that aims to bolster regional stability and security a year after their normally positive bilateral ties soured after Niger’s coup in July 2023. Despite strained relations and their shared border being closed as part of the sanctions imposed by the Economic […]

Africa Headlines International

Russian ‘Bear Brigade’ troops exit Burkina Faso due to Ukraine’s Kursk incursion

The Russian private military company Bear Brigade has confirmed earlier reports by the French daily Le Monde that it had departed from Burkina Faso after arriving in the country in May. The 100-strong Bear Brigade, with links to Russia’s Defense Ministry, is withdrawing its fighters from the conflict-torn West African country due to Ukraine’s incursion […]

Africa Headlines International

Senegal halts mining along Falémé River to avoid environmental disaster

In a bold move to protect its vital waterways, Senegal has put the brakes on all mining activities along the Falémé River for nearly three years. This decisive action aims to address the growing environmental crisis threatening both the river ecosystem and the communities that depend on it. The government decree prohibits mining within 500 […]

Africa Energy Headlines International

Angola: ANPG and Sonangol search for oil in onshore blocks

The National Petroleum, Gas and Biofuels Agency (ANPG) and Sonangol Exploração e Produção are set to enhance their exploration efforts in the Kwanza Basin’s onshore blocks, by employing specialized services to detect oil and other hydrocarbons. In a press release issued on August 28, the ANPG announced that the project is scheduled to commence in […]

Africa Emerging Markets Energy Headlines International Morocco

Abidjan hosts regional workshop on Nigeria-Morocco Pipeline Project

Côte d’Ivoire’s economic hub Abidjan is currently hosting a pivotal regional workshop aimed at reviewing the Intergovernmental Agreement (IGA) and the Host Country Agreement (HGA) for the Nigeria-Morocco Africa-Atlantic Gas Pipeline project. This crucial event, which runs until August 30, brings together experts and representatives from several West African countries alongside a Moroccan delegation. The […]

Africa Business Finance Headlines International

South African luxury Tycoon dethrones Nigeria’s Dangote as Africa’s wealthiest

In a surprising shift atop Africa’s wealth pyramid, South African business magnate Johann Rupert has claimed the title of the continent’s richest person, surpassing long-time leader Aliko Dangote of Nigeria. This changing of the guard reflects the volatile nature of global markets and regional economies. Rupert, the 74-year-old mastermind behind the world’s largest luxury watchmaker, […]

Africa Europe Headlines International Mauritania

Spain’s PM on West African tour to stem migration flow, signs deals with Mauritania, Gambia

Spanish Prime Minister Pedro Sanchez agreed with Mauritanian president Mohammed Ould Ghazouani to stem migration flows, as part of a West African tour that will lead him to Gambia and Senegal. The Canary Islands, located close to the African coast and used as a stepping stone for migrants and refugees trying to reach Europe — […]

Africa Egypt Headlines International

Tension brews in Horn of Africa as Egypt sends military aid to Somalia irking Ethiopia

Egypt has sent two military aircrafts loaded with arms and ammunition to Somalia, in a move that triggered the fears of Ethiopia. Relations worsened when Ethiopia and the breakaway Somaliland signed a memorandum of understanding to use 20 km of coastal land for a port purpose in return for recognition as a state. Somalia opposed […]

Africa Emerging Markets Headlines International Mauritania Portrait

Election to the presidency of the AfDB: Mauritania’s Ousmane Kane in the starting-blocks

The African Development Bank (AfDB), headquartered in Abidjan, Côte d’Ivoire, will elect a new president in May 2025. As the candidacy period approaches in September 2024, several names are emerging as potential contenders. Among the prominent candidates is Ousmane Kane from Mauritania, a former AfDB Vice-President for Institutional Services and a close associate of Mauritanian […]