Africa Business Finance Headlines International

APPO set to launch first bank by June 2024

The African Petroleum Producers’ Organization (APPO) is planning to get its first bank by June 2024 in a move to secure funding for the development of regional energy infrastructure. The organization unveiled the plan during a November 2 meeting in Benin. The bank named as African Energy Bank (AEB) would be launched no later than […]

Africa Business Columns Emerging Markets Headlines International Morocco

King Mohammed VI urges international initiative to enable Sahel countries to access Atlantic coast

King Mohammed VI has called for launching an international initiative to help Sahel countries access the Atlantic Ocean. In a speech marking the 48th anniversary of the Green March he delivered Monday evening, the King recalled the difficulties facing African sister countries in the Sahel. Such issues “will not be solved by security and military […]

Africa Europe Headlines International

Nearly 1,000 African migrants reach Spain’s Canary Islands over week-end

Close to 1,000 African migrants mostly from Senegal reached the shores of Spain’s autonomous territory of the Canary Islands over the week-end, a new record in the history of the archipelago. Close to 32,000 migrants have completed the dangerous Atlantic route from the African continent to the Spanish islands off northwestern Africa this year, the […]

Africa Headlines International

Niger: Protestors call for arrest of former President Issoufou Mahamadou for treason

A group of demonstrators took to the streets Sunday November 5 in Niamey, capital of Niger, calling for the arrest of ex-President Issoufou Mahamadou that they accuse of treason, reports say. The protestors hailing from various Civil society organizations held banners reading “Issoufou Mahamadou, traitor to the nation”. Mahamadou, 71, led the country from April […]

Africa Business International

Chad: New airline to operate domestic flights

Brahim Guihini Dadi, former boss of Chad’s Civil Aviation Authority (ADAC), has launched Royal Airways, a private airline to provide domestic flights, connecting the central African country’s cities. The new airliner’s hub is located at N’Djamena Hassan Djamous international airport. The company broke down its strategy into four phases including the establishment of a network […]

Africa International

Guinea: scores killed in foiled jailbreak that briefly freed former dictator Camara

At least nine people were killed in a heavy gunfire in Guinea during the November 4-5 weekend when heavily armed commandos plucked the country’s ex-dictator Moussa Dadis Camara and three other former officials out of a prison, prompting a successful man hunt. Camara, who was on trial over a 2009 massacre during his presidency, was […]

Africa Community Europe Headlines International

German president’s apology for colonial-era killings in Tanzania, a welcome first step

During a visit to Tanzania, German President Frank Walter Steinmeier has asked the country and its people to forgive Germany’s colonial abuses under its colonial rule. Steinmeier’s move to ask for forgiveness from the descendants of hundreds of thousands of victims of violence committed by German colonial rulers more than a century ago has been […]

Africa Business Emerging Markets Headlines International

Biden endorses AGOA extension, as African countries sought to boost benefits at Johannesburg summit

The US President Joe Biden endorsed the extension of the African Growth and Opportunity Act (AGOA) upon its expiry in September 2025. “I strongly support re-authorization of the African Growth and Opportunity Act — a landmark, bipartisan law that has formed a bedrock for US trade with sub-Saharan Africa for more than two decades,” said […]

Africa Asia Energy International

Uganda-Kenya fall-out over secret fuel Gulf deal: Uganda to cut fuel imports from Kenya

Uganda’s government has passed a bill for the Uganda National Oil Business (UNOC), a state-owned oil business, to domestically buy and supply oil, thus ending its dependence on neighboring Kenya for its oil needs, thus taking its fate into its own hands. The bill is meant to terminate the present method of importing oil through […]

Africa Emerging Markets Headlines International Morocco

2026 World Cup Qualifiers: Several African teams choose Morocco as a venue for their matches

Morocco will host nine matches this current November, as part of the opening rounds of the African qualifiers for the 2026 FIFA World Cup, which will be co-hosted by the United States, Canada, and Mexico. The Royal Moroccan Football Federation has stated in a post on its website that within the framework of activating the […]