Africa Headlines International

South Africa: Parliament Speaker takes leave to evade corruption probe

South African parliament Speaker asked for a special leave to avoid arrest after her home was raided as part of a corruption probe. Her case highlights rampant corruption within the ruling ANC elites as the country braces for presidential elections in two months, amid failing public services such as electricity and water supply. Nosiviwe Mapisa-Nqakula, […]

Africa Finance Headlines International

Ethiopia’s CBE in quest to retrieve $40 mln withdrawn during glitch

The Commercial Bank of Ethiopia (CBE), the biggest lender in the country, issued a deadline, asking people who have withdrawn or transferred money from the bank during the technical glitch to return the funds or face prosecution. Up to 40 million dollars have been withdrawn during the technical failure that took several hours to repair […]

Africa Headlines International Morocco

Morocco’s Royal Navy rescues 165 Sub-Saharan would-be migrants off Dakhla

A Royal Navy patrol boat intercepted, on Friday, 260 km southwest off the southern city of Dakhla, a pirogue carrying 165 sub-Sharan would-be migrants, including 4 corpses.   The pirogue, which had intended to reach the Canary Islands, set sail on March 6, the General Staff of the Royal Armed Forces said in a press […]

Africa Headlines International

Nigeria’s president asks ministers to avoid publicly-funded foreign trips

Nigeria’s President Bola Tinubu banned his ministers from traveling abroad on public money for three months to cut costs and travel expenses. The measure followed scant criticism on social media of his government after sending a delegation of 400 people to COP28 on public money. With 15 trips since he took power, Tinubu’s trips cost […]

Africa Headlines International

Is Uganda’s Museveni preparing his son for succession?

Ugandan president Yoweri Museveni promoted his 49-year-old son to top commander of the army, in a move that signals he is preparing him to succession. Museveni’s son, Gen. Muhoozi Kainerugaba, has been touring the country to “spread patriotism” among Ugandans, in a clear violation of a law that bans serving army officers from partaking in […]

Africa Headlines International

Mozambique: insurgency in resource-rich Cabo Delgado fueled by influx of foreign jihadists

The recent surge of new attacks by an Islamic State-affiliated group in Mozambique’s Cabo Delgado province has been fueled by an influx of Islamist fighters of different nationalities from other parts of Africa, experts and observers warn. After several months of relative calm, Mozambique’s troubled Cabo Delgado province has been, since the beginning of 2024, […]

Africa Business Emerging Markets Headlines International

Number of Chinese workers across Africa drops by over 60% over past decade — report

The number of Chinese workers across Africa has plummeted to its lowest level in more than a decade, according to data from China’s National Bureau of Statistics, with experts saying the continent is unlikely to see the high numbers of the past even though postponed China-run projects are now being restarted. After decades when Africa […]

Africa Headlines International

West African heatwave caused by climate change- study

A study by the World Weather Attribution group of scientists found that the heat wave that damaged crops in West Africa was triggered by human-caused global heating. The heatwave, with temperatures averaging 40C, damaged the cocoa harvest in West Africa, sending prices of the key chocolate ingredient higher. Farmers in Ghana and Côte D’Ivoire, which […]

Africa Business Emerging Markets Energy Headlines International Morocco

Nigeria’s oil authorities expect FID on Morocco gas pipeline by year’s end

A final investment decision (FID) to build the Nigeria-Morocco gas pipeline is expected to be reached by the end of 2024, chief of state-owned Nigerian National Petroleum Company (NNPC) said. The pipeline, to cost about $25 billion, runs 7000 kilometers both on-shore but mostly offshore. “There is ongoing engagement on the Nigeria Morocco Gas Pipeline […]

Africa Headlines International

Senegal: short election campaign in full swing for delayed presidential vote on 24 March

Campaigning for the upcoming presidential election is in full swing in Senegal, as the country’s voters will head to the polls this Sunday (24 March), in which as many as 93 candidates, including six women, initially declared their intent to run. But this year, the total of 19 presidential candidates that were ultimately confirmed, were […]