Africa Europe Headlines International

Hungarian legislature green-lights deployment of troops to Chad

Hungary will send up to 400 troops to Chad to protect the interests of the European country and assist international forces in the region in the fight against terrorism. The decision was validated by the parliament on Monday November 6. The troops will arrive as late as December 31, Alwihda Info reports, citing local Hungarian […]

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Macky Sall orders Premier to curb illegal migration to Canary Islands right from home

Senegalese President Macky Sall Wednesday November 8 instructed the country’s Prime Minister to curtail all illegal migration attempts via the sea to the Spanish autonomous territory of the Canary Islands, after hundreds of Senegalese, including women and children, were rescued over the week-end off Mauritania’s coasts. “The Head of State referred to the National Strategy […]

Africa Business Columns Emerging Markets Headlines International Morocco

Africa Investment Forum: Morocco’s King Calls for Boosting Entrepreneurship to unleash Africa‘s Full Potential

King Mohammed VI has called for bold and innovative initiatives to encourage private entrepreneurship avail the huge business opportunities offered in the African Continent. In a message addressed to participants in the 4th Africa Investment Forum, which opened in Marrakech under the theme: “Unlocking Africa’s Value Chains”, the Monarch urged African countries to adopt an […]

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Afreximbank’s PAPSS continental payment system joined by 11 African central banks

The Africa Export-Import Bank, or Afreximbank, has incorporated 11 African central banks into its flagship Pan-African Payment and Settlement System (PAPSS) that offers an alternative in which participants can conduct transactions in their currencies, eliminating the necessity for a third-party currency such as the US dollar. The PAPSS is one of the Afreximbank’s efforts aimed […]

Africa Headlines International

Niger’s military junta regime calls on Togo president to mediate

Niger’s military junta has called on Togo’s President Faure Gnassingbe “to be a facilitator, to be able to facilitate this dialogue with our various partners,” in particular with the West African bloc ECOWAS which has maintained sanctions against the country since the July coup. While meeting Gnassingbe in Togo’s capital Lomé, Niger’s Minister of Defense, […]

Africa Energy Headlines International

Chad’s capital N’Djamena hosting Central Africa Business Energy Forum Nov.8-10

Chad’s capital N’djamena is hosting, this November 8 to 10, the third regional energy gathering known as Central Africa Business Energy Forum (CABEF). The event is held under the theme: “Capitalize on energy infrastructure investment opportunities in Central Africa and ensure energy security in the sub-region through public-private partnerships.” The forum aims to unite Central […]

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OCP Group, UM6P, US Regrow to create tailored carbon stock monitoring system for African soil

Morocco’s OCP Group, the world’s largest phosphate-based fertilizer producer, the Mohammed VI Polytechnic University (UM6P), and Regrow, an American startup invested in the agricultural field, last week, signed a strategic partnership to develop a Measurement, Reporting and Verification (MRV) system specific to African soil. The system is based on the “DNDC” (DeNitrification-DeComposition) biogeochemical model, a […]

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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 […]

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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 […]