Africa Features Headlines International

16 die in Senegal as boats used by migrants capsizes

16 people on board a boat used for illegal migration died in the night of Sunday to Monday July 24, after their vessel capsized off the Senegalese capital Dakar. “It seems to be migrants,” Samba Kandji, a district deputy mayor, told AFP on Monday. The local fire service, reports say, was alerted at dawn after […]

Africa Features Headlines International

Madagascar to launch first urban train on August 15

Madagascar’s Ministry of Transport and Metrology will launch on August 15 in capital Antananarivo the country’s first urban train to be powered by electricity, local media Madagascar Tribune reports. The train will connect Soarano and Amaronakona stations, a distance of 12 km. The new train will help commute within the capital. 2 million people commute […]

Africa Comments Community International

Nigeria, Benin keen to spur custom cooperation

Bachir Adewale Adeniyi, Head of Nigeria’s customs is expected in neighboring Benin Monday July 24 as both countries seek to boost custom cooperation. Adeniyi, reports say, will hold talks with Benin authorities on several topics including development of trade between the counties and the fight against fraud. The Nigerian top official will meet up with […]

Africa Features Headlines International

Post-Cotonou: EU green-lights new treaty with African, Caribbean and Pacific states

After more than a two-year delay, the EU Council finally ratified (20 July) a new treaty with African, Caribbean and Pacific countries that covers a wide range of areas, from sustainable development and growth, to human rights and peace and security. Recognized as one of the EU’s oldest and broadest cooperations with other countries, the […]

Africa Emerging Markets Energy Europe Headlines International Morocco

Morocco-Nigeria pipeline: UK’s RPS to undertake meteorological and oceanographic studies

British consulting firm RPS won a contract to undertake a study on the meteorological and oceanographic conditions for the Nigeria-Morocco gas pipeline. The contract was awarded by Morocco’s mines and hydrocarbons agency ONHYM and the Nigerian National Petroleum Company, RPS said on its website. The pipeline project is supported by the Organization of the Petroleum […]

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Russia-Africa summit: by halting grain deal, Putin risks alienating its African partners

When African leaders meet with Russian President Vladimir Putin in St. Petersburg in late July for a summit, their discussions will likely be overshadowed by Russia’s pull-out of the Black Sea Grain Initiative that could badly damage Moscow’s relations with its African partners. Billed as strengthening cooperation in peace, security, and development, the Russia-Africa Summit […]

Africa Finance International

Burkina Faso launches new “Caisse de dépôt et d’Investissement” to finance major projects

Burkina Faso is setting a new Caisse de dépôt et d’Investissement, CDI-BF, assigned several tasks including financing of State’s major projects. The decision, “Sika Finance” reports, came during a cabinet meeting last week. The CDI-BF replaces Caisse des dépôts et consignations (CDC) created in 2017 and dismantled in 2022 for lack of results. The CDI-BF […]

Africa Headlines International

Gabon: Elections commission validates 19 candidates for August presidential polls

Nineteen candidates will run for August 26 presidential elections in Gabon, up from 27 bids received by the country’s Center of Elections (CGE). The CGE, led by Michel Stéphane Bonda, Sunday unveiled the roaster of final candidates to seek the country’s top job, “Gabon Review” reports. The Center disqualified 8 candidates after receiving 27 bids […]

Africa Europe Headlines International

Italy migration summit aims to help Africa reduce migrant flows to Europe

Mediterranean and Middle East countries are meeting in Rome on Sunday (23 July) in an international conference organized by the Italian government to boost efforts to stem illegal migration flows. The meeting is to discuss development projects in the Southern Mediterranean and North Africa and partnerships for projects in sectors including agriculture, infrastructure and health, […]

Africa Emerging Markets Headlines International

African startups defy global VC funding downturn, with M&A becoming the norm

African venture results have declined in recent quarters, echoing the trends in other startup regions around the world, but with $1.1 billion raised in the first half of 2023, Africa’s startup ecosystem shows resilience in the face of the global venture capital (VC) funding downturn. Despite VC funding slowly retreating from the African market this […]