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East Africa’s Commercial and Logistics Center to offer trade, investment opportunities

East Africa Commercial and Logistics Center is expected to open in Tanzania’s capital city, Dar es Salaam, in June 2024, providing trade and investment opportunities for the public. Speaking at the 47th International Trade Fair that was recently held in Tanzania, Executive Director at Taikang Asset Management, Cathy Wang, said that to facilitate and add […]

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Rabat: African Atlantic countries agree to strengthen partnership for shared peace and prosperity

The African countries bordering the Atlantic Ocean have agreed in Morocco to enhance their partnership and integration for shared peace, stability, and shared prosperity. At the end of their 3rd ministerial meeting held Wednesday in Rabat, these countries adopted an action plan conducive to integration and co-development in African-Atlantic region. To achieve the sought goals, […]

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Egypt recoups 40 illegally smuggled artefacts from Germany

Germany returned Monday to Egypt 40 ancient Egyptian statuettes after they had been stolen and illegally smuggled out of the country, “Ahram Online” reports citing an official. Shaaban Abdel-Gawad, the supervisor-general of antiquities repatriation indicated to the media artefacts consists of 40 ushabti statuettes seized by German customs at Frankfurt Airport in 2020. According to […]

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U.S grant Togo $3 million to address displaced population fleeing terrorism

The U.S. have granted Togo $3 million to attend to around 60.000 people displaced in the north of the African country struggling to contain terrorism activities. USAID, Washington’s agency, provided the aid facility. The World Food Program (WFP) and Catholic Relief Services (CRS) will be the agency’s operational partners on the ground. Per a press […]

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Three killed in helicopter crash in DRC

Three expatriates operating a helicopter died Tuesday after the aircraft crashed a few minutes after takeoff in the town Kambove, in the Haut-Katanga Province of the Democratic Republic of the Congo, reports say. A French pilot and a South African administrator and a Polish executive in charge of security were found dead after their helicopter […]

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Emirati Invictus planning to invest heavily in Africa, Morocco on top of list

Emirati Invictus Investment Company has announced plans to invest over $272 million on its expansion into North and East Africa with a focus on Morocco thanks to its political stability, geostrategic position, incentives to investors and competitive economy. In a press release issued Monday, the Dubai-based company said the expansion will be made through acquisitions […]

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Angola supports mutually acceptable political solution to Sahara issue

Angola says it supports a political solution based on compromise to the Sahara regional conflict. In a joint statement issued Tuesday in Rabat following the 3rd meeting of the Moroccan-Angolan Joint Cooperation Commission, Angolan foreign minister Téte Antonio said his country encourages the efforts made by the UN Chief and his personal envoy, Staffan De […]

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UN Peacekeeper killed in an attack in CAR

A Rwandan soldier of the UN Peacekeeping mission in the Central African Republic (MINUSCA) was killed Monday in an attack during a patrol. “Earlier today, a peacekeeper from Rwanda was killed when his unit came under attack by members of an unidentified armed group” during a patrol in the village of Sam-Ouandja, in the eastern […]

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Niger apprehends two IS-GS leaders near Burkina Faso’s border

Nigeriens armed forces have arrested two senior members of Islamic State in the Greater Sahara (IS-GS) near the border with neighboring Burkina Faso, reports say. The militants are Abou Maryam aka +Zaïd+ and Sita Ousseini aka Loukoumane. Both, media note citing a Nigerien security source, have been on a wanted list. +Zaid+ was arrested on […]

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BADEA loans Côte d’Ivoire $75m for construction of 7,500 social houses

The Arab Bank for Economic Development in Africa (BADEA) and Cote d’Ivoire signed Monday a loan agreement worth $75 million to be used for the construction of 7,500 social and economic houses to address the housing crisis dogging the West African country. Sidi Ould Tah, Director General of the bank and Adama Coulibaly, Finance Minister […]