While millions of dollars are being channeled to African financial institutions as part of Chinese President Xi Jinping’s $10 billion plan for the continent, the International Monetary Fund (IMF) has cautioned African nations about the possibility of a regional economic downturn and the ripple effects that China’s slowing economy could bring. Xi’sUS$10 billion pledge for […]
Africa
U.S. reinstates Mauritania into AGOA after four-year hiatus
US President Joe Biden announced the eligibility of Mauritania for benefits under the African Growth and Opportunity Act (AGOA), which affects market access, investment, and reduced or eliminated tariffs on U.S. imports, four years after his predecessor Donald Trump suspended the Western African country over its failure to make progress on human rights – namely, […]
DRC violence pushes internally displaced people to record 6.9 million — UN
The United Nations has cautioned that the escalating violence has pushed the number of internally displaced people within the Democratic Republic of Congo (DRC) to a record 6.9 million, many of whom are in desperate need of assistance to meet their basic needs. “The IOM is intensifying its efforts to address the complex and persistent […]
US to remove Gabon, Niger, Uganda and CAR from AGOA trade program
US President Joe Biden announced on Monday (30 October) his intention to end the participation of Gabon, Niger, Uganda, and the Central African Republic (CAR) in the African Growth and Opportunity Act (AGOA) trade program, citing their failure to comply with the eligibility criteria. Launched in 2000, AGOA grants exports from qualifying countries duty-free access […]
Mali: UN Mission Begins Departure from Kidal Camp
According to several sources within the mission, the United Nations mission in Mali is currently in the process of leaving its camp in Kidal, located in the north of the country. Kidal is a strategically important city and a major focal point in the ongoing battle between the central government and separatist armed groups who […]
Togo’s capital to host AFIS annual summit Nov. 15-16
Africa’s financial industry platform (AFIS) has chosen Lome as host of its second Annual Summit on November 15 and 16, 2023, for the second time in a row. This year’s Summit will focus on the building of a “world-class African financial industry.” AFIS, backed by the International Finance Corporation (IFC), the World Bank’s private sector […]
Global Gateway: EU inks strategic partnerships on ‘Lobito Corridor’ in bid to counter China
The two-day Global Gateway Forum that wrapped up in Brussels on Thursday (26 October 2023) saw the European Union sign three strategic partnerships with its partners to develop critical raw materials value chains and boost transport connectivity. During the event, the 27-member bloc signed three Memoranda of Understanding (MoU) — for a partnership on critical […]
Nigeria: supreme court dismisses opposition’s appeal, upholds Tinubu’s presidential victory
Nigeria’s Supreme Court Thursday (26 October) confirmed President Bola Tinubu as the winner of February’s presidential election, rejecting an opposition’s appeal that challenged a prior verdict — and ending months of legal battles over the presidential race. The seven-member court dismissed the opposition’s appeal that cited flaws in the voting system, fraud and electoral law […]
Benin’s Jean-Claude Talon elected new President of Africa’s tennis governing body
The Confederation of African Tennis (CAT) elected last week Jean-Claude Talon from Benin as the new President of the continent’s tennis governing body in replacement of Tarak Chérif from Tunisia who had led the organization since 2004. Jean-Claude Talon, brother of Benin’s President Patrice Talon, is the President of the West African country’s tennis Federation. […]
African Union joins UN in urging census of people held in Polisario-run Tindouf camps
The Peace and Security Council (PSC) of the African Union (AU) urged all African countries to cooperate with the UN Refugee Agency UNHCR including in terms of refugee protection and documentation. In a statement on October 27, the PSC stressed the need for African countries to cooperate with the UN agency on refugee documentation to […]









