Africa Business Emerging Markets Headlines International

Africa’s infrastructure investment has recovered, but is unevenly distributed

Commitments for Private Participation in Infrastructure (PPI) across 263 projects in Africa were worth $91.7 billion in 2022, a 23% increase from 2021, according to the World Bank’s latest data projection on investments, which demonstrates that infrastructure investments in low- and middle-income countries have started to recover. But in terms of “the total number of […]

Africa International

UN warns of humanitarian ‘catastrophe’ as over 800,000 may flee Sudan violence

More than 800,000 people may flee Sudan as a result of fierce fighting between rival generals, a UN senior official warned on Tuesday (2 May), as bloody clashes in the country intensified despite the latest truce. “Without a quick resolution of this crisis, we will continue to see more people forced to flee in search […]

Africa Community Headlines International

World Press Freedom Day: African journalists threatened by security risks, misinformation & online violence

Safety, misinformation and online violence are the most critical threats facing African journalists today, analysts say on the occasion of World Press Freedom Day that is celebrated every 3 May. Year 2023 marks 30 years since a United Nations’ General Assembly decision to proclaim an international day for press freedom. This year’s theme for the […]

Africa Headlines International Morocco

Morocco repatriates 572 people from war-torn Sudan

Morocco has evacuated 572 nationals trapped in the infighting in Sudan after it has established an airbridge upon instructions of King Mohammed VI, Morocco’s foreign ministry said. On May 2, the fourth RAM airlines flight arrived in Casablanca airport carrying 125 people relieved to leave the infighting plaguing Sudan. The evacuated passengers include nationals from […]

Africa Business Finance Headlines International

New payment methods, incl. BNPL, in Africa set to continue with strong growth

The global daily value of mobile money transactions in 2022 surpassed forecasts to hit $3.45 trillion, according to a latest mobile money industry report, while in East Africa, the number of transactions grew by 18%. The report by Global Systems for Mobile Communications Association (GSMA) also shows that in 2022 the total value transacted on […]

Africa Features Headlines International

Burkina Faso, Guinea ink 22 agreements spanning several areas

Burkina Faso and Guinea have signed 22 agreements in several areas including security and defense, Anadolu news agency reports. The agreements were signed during the Joint Cooperation Commission held over the week-end, the agency notes, citing a report of the meeting. The report reveals that the agreements cover areas including crafts, air services, transport and […]

Africa International

A civilian and three security forces, killed in a separatist attack in Cameroon

Three security forces and one civilian were shot dead Monday at a checkpoint in an attack in Moungo department, in the littoral region, that Cameroonian authorities blamed on separatists fighting to break away from Yaounde. “On Monday morning, heavily armed separatists opened fire on the Matouké checkpoint in the Bona-Léa district of the Moungo department. […]

Africa International

Senegal reports first Crimean-Congo hemorrhagic fever fatality

Senegal Sunday registered the first death of Crimean-Congo hemorrhagic fever (CCHF), a widespread disease caused by a tick-borne virus (Nairovirus) of the Bunyaviridae family. The ministry of Health in a statement indicated that a patient who tested positive to the virus causing hemorrhagic fever, died at a local hospital on outskirt of capital Dakar. The […]

Africa Business Emerging Markets Europe Headlines International

Africa’s booming oil exports to Europe to result in more pollution

Majority of oil trade routes are now at least five times longer as supplier and buyer dynamics have changed dramatically after the Western sanctions imposed on Russia over its invasion of Ukraine, raising the prospect of increased emissions. Most pre-war oil trade routes that took 5-6 days prior to the Russia-Ukraine war can now take […]

Africa Headlines International

First humanitarian aid plane lands in Sudan

A first plane loaded with “eight tons” of aid including “surgical equipment” landed on Sunday in Sudan where it should allow “to treat 1,500 patients” in the country where most hospitals are out of order because of the fighting between the two rival generals. The plane, which also carries humanitarian personnel, took off from Amman […]