Africa Headlines International

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 […]

Africa International

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 […]

Africa Finance International

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 […]

Africa Features Headlines International

Madagascar leader defends move in dual nationality scandal

Andry Rajoelina, President of Madagascar, has defended his acquisition of French nationality in the interest of his children and doubled down that he will always defend the African country. Rajoelina has come under scrutiny since June after it was revealed that has dual nationality. His critics and the opposition questioned his integrity in claiming Madagascar’s […]

Africa Features Headlines International

Gabon: 27 presidential hopefuls submit bids for August presidential elections

27 people have submitted their candidacies for 26 August presidential polls, Gabon’s Center of Elections (CGE) said Monday. Michel Stéphane Bonda, President of CGE did not unveil names of candidates but indicated that Center until July 16 -deadline for candidacies-, received 27 bids and 20 of them have been validated. 7 are left to be […]

Africa Business Emerging Markets Features Headlines International

African Union’s inclusion in G20 receives broad support at India meeting

There has been no disagreement thus far among various Group of 20 (G20) nations over India’s proposal to include the African Union (AU) into the global group, with the United States saying it will work closely with the Indian presidency on a joint communique at the 3rd Sherpa Meeting in Hampi, India. Since Indian Prime […]

Africa Business Emerging Markets Features Headlines International

Côte d’Ivoire freezes 2023-2024 cocoa exports due to bad weather

The world’s largest producer of cocoa, Côte d’Ivoire, has suspended its 2023-2024 exports citing bad weather that has caused the death of at least 30 people since April 2023. Yves Brahima Koné, head of the country’s cocoa regulator, told media that the freeze will deal a blow to buyers who are big raw materials trading […]

Africa Features Headlines International

Eleven killed in “M23 attacks” in DRC’s North Kivu province

At least 11 people were killed Sunday in Democratic Republic of Congo’s province of North Kivu, in the attacks attributed to rebel group M23. The local population told the media the incident occurred in Rutshuru territory, dozens of kilometers from Goma, the provincial capital. “I’m at the scene, and there are 11 civilian corpses in […]

Africa Features Headlines International

Senegal’s opposition supporters hold peaceful protest

Senegalese opposition leader Ousmane Sonko has led a peaceful protest after the authorities blocked a rally to publicly confirm he would run in next year’s presidential elections, as the country’s prosecutor has filed an international arrest warrant against Sonko’s French lawyer. The 49-year-old main opposition figure, dressed in red in a sign of anger, appeared […]