Africa Americas Europe Headlines International

Geopolitics of Niger coup: France, EU and ECOWAS are big losers

The coup in Niger has drawn strong condemnation from much of the international community, but most notably the United States and France, which have troops stationed there, as Niger’s putschists on Monday accused the former colonial ruler, France, of wanting to “intervene militarily” to reinstate the country’s deposed president. West African leaders on Sunday (30 […]

Africa Asia Business Emerging Markets International

Zimbabwe could become world’s No. 5 lithium producer, buoyed by $1bn Chinese investment

After spending more than US$1 billion to acquire mining sites in Zimbabwe over the past two years, massive Chinese investment could help catapult Zimbabwe to become the world’s fifth biggest primary producer of the material that’s vital to battery electric vehicles and the green revolution, mining consultancy CRU said. The investments by Chinese companies, including […]

Africa Headlines International

ECOWAS gives Junta in Niger one week to surrender power

The Economic Community of West African States (ECOWAS) gave, Sunday July 30, the new leaders in Niger, one week to give up power and restore elected leader Mohamed Bazoum deposed last week by a junta accusing him of “failing to address the security situation in the country”. General Abdourahamane Tiani, the head of the powerful […]

Africa Americas International

US Acting Deputy Secretary of State on an African tour

Victoria Nuland, the Acting Deputy Secretary of State of the United States, has embarked on an African tour to take her to South Africa, Côte d’Ivoire, and the Democratic Republic of the Congo, July 29 to August 4, the State Department has announced. In South Africa, the acting second-in-command at the State Department was to […]

Africa Finance Headlines International Maghreb

North Africa’s economies to expand by 4.6% in 2023, green growth a priority — AfDB

North African countries are projected to see a slight increase in economic growth to 4.6% in 2023 and 4.4% in 2024, and should make green growth an urgent priority, according to the latest North Africa Economic Outlook report published by the African Development Bank (AfDB). In the report titled “Mobilizing Private-Sector Financing for Climate and […]

Africa Headlines International Morocco

Morocco closely follows recent events in Niger, stresses importance of maintaining stability in this brotherly country

Morocco is closely following recent events in Niger and stresses the importance of maintaining the stability of this brotherly country. The remarks were made by Morocco’s Permanent Representative to the African Union and UNECA, Mohamed Arrouchi, at an urgent meeting of the AU Peace and Security Council (PSC) on the situation in Niger. Morocco trusts […]

Africa Emerging Markets Finance Headlines International Morocco

AfDB approves $70 Million risk-sharing agreement with Morocco’s BCP to develop foreign trade

The African Development Bank (AfDB) has approved a $70 million risk-sharing agreement with Morocco’s Banque Centrale Populaire (BCP) to develop foreign trade. This agreement is the second with BCP and is part of a program entitled “50/50 risk-sharing agreement for Morocco’s Banque Centrale Populaire”. It takes place in a context of tightening capital adequacy and […]

Africa Emerging Markets Europe Headlines International Morocco

Vladimir Putin voices Russia’s Keenness to see its relations with Morocco strengthening further

Russian president Vladimir Putin expressed, on Friday, at the 2nd Russia-Africa Summit, the wish to see Russian-Moroccan relations further strengthen and continue the momentum launched during the visit of King Mohammed VI to Russia in 2016. The Russian president commended, in a speech, King Mohammed VI, expressing the wish to see bilateral relations evolve and […]

Africa Headlines International

Niger military coup: ECOWAS calls for restoration of democratic order

Regional and international groups have thrown their support behind Niger President Mohamed Bazoum, ousted Wednesday (26 July) in a military coup, with analysts saying the coup attempt was not entirely surprising and could eventually turn out to be short-lived. The Economic Community of West African States (ECOWAS) on Thursday 27 July joined the chorus of […]

Africa Columns Europe Features Headlines International Maghreb Morocco

Russia-Africa Summit: Moscow refuses Polisario’s participation, another slap on the face for Algerian regime

The ruling Algerian junta has suffered another major diplomatic setback in St. Petersburg at the 2nd Russia-Africa summit after Moscow, Algeria’s ally, refused the participation of the Polisario, a phantom entity, in the high-profile international gathering. As they excluded the secessionists from the first Russia-Africa Summit in 2019, Russian authorities have not invited Algeria-backed separatist […]