Africa Emerging Markets Headlines International Morocco

Sustainable Development: Morocco shares its experience with Senegal

Morocco will share its experience with Senegal in sustainable development and energy transition under an agreement inked Monday in Rabat by the two African brotherly countries. The agreement provides for the know-how transfer, technical assistance and the development of joint projects in good governance in sustainable development governance, climate change, eco-waste management and circular economy. […]

Africa Headlines International

Rise of EV cars, bad news for South Africa’s Platinum production

The rise of electric vehicles and demand for metals used in battery manufacturing caused a decline in demand for South Africa’s platinum, a crucial component in combustion engines. In a detailed report, EVmagazine.com, explains the steep drop in platinum output in South Africa, the world’s leading producer. “Platinum, once commanding more than US$2,000 an ounce, […]

Africa Energy Headlines International

AfDB, World Bank team up to promote electricity access in Africa

The African Development Bank (AfDB) and the World Bank are working together to provide electricity to 300 million Africans by 2030 through renewable energy system. Some 600 million Africans lack access to electricity, creating significant barriers to health care, education, productivity, digital inclusivity, and ultimately job creation, according to the World Bank. The WB said […]

Africa Americas Emerging Markets Headlines International Morocco

King Mohammed VI’s Atlantic Initiative expounded at a ministerial meeting in New York

The Atlantic Initiative launched in 2022 by King Mohammed VI of Morocco was expounded at a ministerial meeting, held in New York Monday, under the chairmanship of US Secretary of State Antony Blinken. During the meeting, held under the theme “Partnership for Atlantic Cooperation,” Moroccan Foreign Minister Nasser Bourita made a presentation on the Royal […]

Africa Headlines International

Cameroon’s Invisible People: The Baka’s Fight for Identity

Deep in Cameroon’s forests, a quiet crisis is unfolding. The Baka and Bagyieli, Indigenous communities who have called these woods home for generations, are facing an identity crisis that threatens to erase them from the map. Imagine living your whole life without a piece of paper that says you exist. That’s the reality for over […]

Africa Egypt Headlines International

Egypt vows to defend its water security ‘uncompromisingly’ if damage occurs due to GERD

Egypt’s Minister of Foreign Affairs, Badr Abdelatty, reaffirmed the country’s right to safeguard its water security in response to the challenges posed by the Grand Ethiopian Renaissance Dam (GERD), asserting that Egypt will protect its interests in line with international law. In an interview with Asharq News published on September 22, Abdelatty highlighted the existential […]

Africa Community Headlines International

UN chief asks halt to Sudan’s RSF attacks on Al-Fashir in Darfur

UN Secretary General Antonio Guterres urged an immediate halt to attacks by Sudan’s paramilitary force RSF on Al Fashir in Sudan, amid a severely deteriorating humanitarian crisis in the war-torn country. Guterres called on Lt. General Mohamed Hamdan “Hemedti” Dagalo to act responsibly and immediately order a halt to the RSF attack, his spokesman Dujarric […]

Africa Finance Headlines International

Sierra Leone seeks IMF loan worth $253 million

Sierra Leone has asked the International Monetary Fund (IMF) for a 38-month Extended Credit Facility (ECF) arrangement worth about $253 million. The facility would support restoring stability through continued macroeconomic adjustment to address debt vulnerabilities, reduce inflation, and rebuild international reserves; bolster inclusive growth and poverty reduction through structural reforms and targeted social spending; and […]

Africa Finance Headlines International

Zimbabwe’s new currency weakened by deepening trade deficit

Zimbabwe’s newly adopted gold-backed currency ZiG has been put to the test of increasing imports that depleted reserves, casting a shadow on the government’s plan to make it the only currency in the country by 2026. The currency was launched in April 2024 in an effort to mitigate monetary instability and hyperinflation that has plagued […]