Africa Emerging Markets Energy Europe International

German Chancellor to visit East Africa, talks to focus on Sudan crisis, clean energy

German Chancellor Olaf Scholz heads Thursday May 4 to Ethiopia and Kenya, where talks will focus on reaffirming strategic alliances in the region, though the Sudan crisis is likely to dominate the talks. While Germany has been one of the biggest financial supporters of Ethiopia, the Tigray conflict significantly strained Addis Ababa’s relations with Berlin. […]

Africa Americas Asia Business Emerging Markets Energy Europe Headlines International

Africa pays price as global powers jostle for its gas and critical minerals

Europe is increasingly turning to Africa to find alternatives for Russian energy supplies it has shunned since the start of the war with Ukraine, while the United States, China and Russia are racing for economic influence on the continent. These four global powers are in a race to win over Africa, the continent’s market of […]

Africa International

Côte d’Ivoire: Alassan Ouattara to name 4th Abidjan bridge after ex-rival Laurent Gbagbo

Côte d’Ivoire’s President Alassan Ouattara decided Tuesday to name the under construction fourth bridge in capital Abidjan after former leader and rival Laurent Gbagbo as part of reconciliation process. The decision not public yet will be submitted to the next Cabinet meeting, French media Africa Intelligence reports. The bridge funded by the African Development Bank […]

Africa Americas Egypt Headlines International

US pledges to support Egypt to host Sudanese refugees

The United States is ready to provide the necessary support for Egypt, U.S top diplomat Antony Blinken said Tuesday as the North African country continues to welcome Sudanese refugees fleeing the infighting between the army and paramilitary group, Rapid Support Forces (RSF). Blinken made the pledge during a telephone conversation with his Egyptian counterpart Sameh […]

Africa International

Mali bans military uniform among civilians after late April bloody attack

The Malian army has urged the population to stop wearing military uniforms that it argues are causing confusion and mistaking terrorists for soldiers, few days after a bloody terrorist attack. The army in a statement said any civilian caught wearing the uniform without being a soldier could be charged for contributing to confusion and blurring […]

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 […]