Africa Emerging Markets Energy Europe Headlines International

Nigeria’s NNPC, Norway’s Golar ink MoU to build floating LNG plant

The Nigerian National Petroleum Company (NNPC) Ltd, Africa’s biggest oil producer, has signed a memorandum of understanding (MoU) with a Norwegian company to build a floating LNG plant in the West African country to boost its domestic supplies and exports. Nigeria’s state oil giant has inked the MoU with Golar Liquefied Natural Gas Energy (GLNG) […]

Africa Headlines International Morocco

Third group of 154 Moroccans repatriated from Sudan Friday

A third plane of Royal Air Maroc coming from Sudan landed early Friday afternoon at Mohammed V International Airport, carrying 154 Moroccan nationals and a Senegalese student evacuated from Sudan, after the deterioration of the security situation in this country. A total of 293 Moroccans had arrived Wednesday from Sudan in two RAM flights carrying […]

Africa Headlines International Morocco

Mysterious disappearance of two Moroccan Cyclists in Burkina Faso

Two Moroccan cycling adventurers remain missing after entering Burkina Faso on their way to Niger, raising many questions on their whereabouts and sparking fears over their fate. The Moroccan Embassy in Ouagadougou is working with local authorities to solve the mystery of the two Moroccan nationals, Abderrahmane Serhani and Driss Fatihi, who vanished between Burkina […]

Africa Business International

Côte d’Ivoire, The Gambia ink three agreements

Côte d’Ivoire and The Gambia signed Thursday three agreements spanning several areas. Ivorian President Alassane Ouattara made the announcement following a meeting with his visiting Gambian counterpart Adama Barrow. The agreements, Ouattara told the media, touch on air cooperation that will lead to flight connection between the two countries via the national carriers of both […]

Africa International

Burkina Faso attack on military post kills dozens of soldiers

Dozens of soldiers were killed and scores of others wounded in an assault on Thursday April 27 on a military base in eastern Burkina Faso in the latest outburst of violence in the West African country. The attack targeted the military detachment in Ougarou in Burkina Faso’s Est administrative region, the military-led government said, leaving […]

Africa Asia International

Togo, Russia ink sport education cooperation agreement

Russia will help spur sports in Togo under a Memorandum of Understanding (MoU) in the field of sport education, inked this week. LidiBessi Kama, Togo’s Sports Minister and her Russian counterpart Oleg Matytsin inked the deal in Lome, Togo on April 25. The agreement will promote and intensify the exchange of programs, expertise and information […]

Africa Community International

DR Congo: despite upbeat rhetoric, EAC troops fail to rein in M23 rebels

The East African Community Regional Force (EACRF) troops set up in 2022 to thwart the advance of insurgents, and most notably the armed group M23, in the eastern Democratic Republic of Congo (DRC), has since December 2022 been proclaiming progress, but on the ground, the rebels are still present and still attacking civilians. Created five […]

Africa Americas Asia Business Finance Headlines International

BRICS-issued new currency may pave way for de-dollarization

As the 15th edition of the BRICS summit approaches, two topics are high on the grouping’s agenda: its expansion, with the arrival of several African countries in particular; and the development of a new currency to be used for cross-border trade by the BRICS nations, which may be seen a push for de-dollarization. De-dollarization’s moment […]

Africa Headlines International

Sudan’s neighbors increasingly worried as clashes continue

Sudan’s neighbors increasingly worried as clashes continue The conflict raging in Sudan, which lies in an unstable region bordering the Red Sea, the Sahel and the Horn of Africa, is sending jitters across the wider region and worrying neighbors as well as the United States and the European powers for security, economic and geopolitical reasons. […]

Africa Business Features Finance Headlines International

Wealth Report 2023 confirms that ’Africa is not poor but impoverished’

Not all Africans are poor — this could arguably be the main message from the 2023 edition of the annual Africa Wealth Report by London-based Henley & Partners that reveals that the ‘Big 5’ wealth markets in Africa — South Africa, Egypt, Nigeria, Kenya, and Morocco — together account for a significant 56% of Africa’s […]