Energy stakeholders from across Africa who convened at a recent meeting in Benin’s capital, Cotonou, managed to made significant strides in the establishment of the African Single Electricity Market (AfSEM) and the development of the Continental Power Systems Master Plan (CMP), paving the way for major developments to come in the energy sector. The importance […]
Africa
Putin’s turnaround: Russian leader to abstain from BRICS summit in South Africa
In a surprising turnaround, South Africa’s presidency announced on Wednesday that, in the end, Russian President Vladimir Putin will not personally attend the BRICS summit in South Africa in August. In March, the International Criminal Court (ICC) issued an arrest warrant for Putin for alleged war crimes involving accusations that Russia has forcibly taken Ukrainian […]
Uganda, S.Sudan, Congo most vulnerable to extreme heat if climate targets not met — Oxford report
The planet’s record-breaking hot weather has caused severe drought in many places around the world and African nations risk extreme heat if climate targets are missed, with Uganda, South Sudan, and Congo being among the most vulnerable to soaring temperatures, a recent Oxford study has warned. According to the report, eight of the 10 countries […]
Kenyans & Nigerians feel the brunt of tax hikes, rising living costs
With tax hikes and living costs in Kenya and Nigeria rising sharply, ordinary people in both countries are feeling the strain — as a result, Nairobi braces for more anti-government protests that are happening despite the government warning it would not tolerate further unrest after earlier demonstrations turned violent. Kenya’s government closed schools in Nairobi […]
Rabat and Moscow Discuss Bilateral Ties and Upcoming Russia-Africa Summit
The Moroccan-Russian relations and the 2023 Russia-Africa Summit due in St. Petersburg July 27-29 were at the center of talks held Wednesday in Moscow between Moroccan ambassador to Russia Lotfi Bouchaara and deputy foreign minister Mikhail Bogdanov. The two parties also discussed bilateral political dialogue on regional issues of common concern, said the Russian foreign […]
DR Congo, UAE sign $1.9bln mining deal
The Democratic Republic of Congo (DRC) and the United Arab Emirates (UAE) have signed a mining deal worth $1.9 billion for which the Gulf country will develop several mining fields. The deal was signed Monday with state miner “Société Aurifère du Kivu et du Maniema”, “Zawya” reports, citing a statement from the Congo’s President Felix […]
South Africa: Putin to attend BRICS summit despite ICC arrest warrant
South African President Cyril Ramaphosa on Tuesday asked permission from the International Criminal Court (ICC) not to arrest his Russian counterpart Vladimir Putin, after latest South African media reports confirmed that the Russian leader will indeed attend the BRICS summit in South Africa. Following the arrest warrant issued by the ICC against Putin, accusing him […]
Russia’s withdrawal from Black Sea grains deal to hit hard Africa’s neediest
Parts of Africa and the Middle East will likely feel the impacts of Russia’s latest decision to withdraw from a pact that allowed Ukrainian grains to leave Black Sea ports. The Black Sea grains deal, brokered by the United Nations and Turkey last July, which has allowed more than 30 million tons to be exported […]
Wagner mercenaries arrive in CAR ahead of new constitution referendum
Dozens of fighters from Russia’s Wagner mercenary group have reportedly arrived in the Central African Republic (CAR) ahead of a constitutional referendum due on July 30 that could abolish the term limits and allow the current president, Faustin-Archange Touadera, to seek another term in 2025. A short-lived mutiny in Russia in June, led by the […]
Burundi secures $271m loan facility from IMF to support economic reforms
The International Monetary Fund’s executive board has rubber-stamped a $271 million Extended Credit Facility meant to address the country’s protracted balance of payments needs, rebuild external buffers and support the government’s reform agenda. The Washington-based financial bilateral lender will disburse $62.6 million immediately. The loan is Burundi’s first Upper Credit Tranche-quality arrangement with the IMF […]








