Africa Headlines International

African Union requests Gabon, Niger to give clear, brief timeline for transition

The African Union, AU, Thursday doubled down on its call for a swift return to constitutional order in Gabon and Niger following the recent military coups in the two countries. The fresh call came from the AU Peace and Security Council following its latest meeting on the situation in the two countries. A junta deposed […]

Africa Asia Community Finance International

Japan backs Benin’s counterterrorism efforts with equipment worth $2.7m

Japan will provide Benin with rolling stock worth $2.7 million to contribute to the fight against terrorism in the north of the West African country. The assistance was the subject of an agreement signed by Ichijo Motonbu, the interim Chargé d’Affaires at the Japanese embassy in Benin, and Romuald Wadagni, Benin’s Finance and Economy Minister […]

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Senegalese soccer star Mane completes acquisition of France’s National 2 side Bourges Foot 18

The Senegalese soccer star and international Sadio Mane has acquired National 2 club Bourges Foot 18, a fourth-tier French club. The French side made the announcement Wednesday October 25 during a press conference, explaining that the deal had been in the pipeline for three years. “I can confirm the official arrival of Sadio Mane as […]

Africa Asia International

Sudan warring sides agree to resume cease-fire talks brokered by US, Saudi Arabia

As the conflict between two warring factions in Sudan has already left thousands dead and millions have been forced to flee, the Sudanese Armed Forces (SAF) will resume another round of talks with the paramilitary Rapid Support Forces (RSF) in Jeddah, Saudi Arabia, on Thursday (26 October), aiming to secure access for humanitarian aid to […]

Africa Asia Business Emerging Markets International

Africa holds special place in India’s superpower ambitions

Diplomatic relations between India and Africa have expanded rapidly since the early 2000s but, with India aspiring to become the 21st century’s next superpower, the relationship between both sides will be driven by business links, trade and the joint efforts to reshape the international institutions. At the recent G20 summit in New Delhi, Indian Prime […]

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U.S. suspends aid to Gabon in wake of August 30 coup, commits to support transition to democratic civilian governance

The U.S. State Department announced the suspension of foreign assistance to Gabon in reaction to the military takeover which took place on August 30 with the removal of longtime leader Ali Bongo Ondimba, but reaffirmed commitment to support the central African country in conducting a timely and durable transition to democratic civilian governance. “The United […]

Africa Business Emerging Markets Headlines International Portrait

Burkina Faso: Coris Bank holding chairman elected President of Private Employers’ Council

Idrissa Nassa, the President of Coris Bank Group, one of Burkina Faso’s successful companies, has been elected new President of Le Conseil National du Patronat Burkinabe (CNPB), the country’s private employers’ council. The 59-year business tycoon beat rival and incumbent council’s President Apollinaire Compaoré, founder of Planor Afrique Group by 119 votes against 54. He […]

Africa Europe Headlines International

Record numbers of illegal African migrants reach Spain’s Canary Islands

Almost 1,500 African migrants have reached Spain’s Canary Islands over the past weekend only, prompting an urgent €50 million aid package from the Spanish government along with a pledge to organize their prompt transfer to the mainland. The record influx of African migrants arriving at the shores of the Canary Islands via various precarious vessels […]

Africa Asia Business Emerging Markets Headlines International

Tanzania inks port management deal with UAE DP World, opposition criticizes the decision

Tanzania’s government has signed a 30-year port management agreement with Dubai-based logistics firm DP World, hoping the deal would boost exchanges with landlocked neighboring countries and reduce unloading times at the country’s largest port. The Dar es Salaam port in Tanzania will soon be modernized amid a 30-year concession agreement with the Emirati logistics giant […]

Africa Finance International

Kenyan, Nigerian currencies tumble to new record lows against US dollar

Kenyan and Nigerian currencies have both hit all-time lows in the past few days, worsening the economic situation in the two heavily indebted African countries plagued by high inflation and ongoing dollar shortages. Kenyan currency hit all-time low of 150 shillings to the US dollar on Monday (23 October), while the Nigerian naira has faced […]