Africa Americas Business Community Headlines International

US maritime drills with West African navies aim to stop illegal fishing

American and European navies are teaming up with their counterparts from eight West African countries to conduct joint training operations off the coast of Senegal this week that are mainly aimed at combating illegal fishing off the West African coast. As unreported and unregulated fishing has spread along West Africa’s coasts, scooping up an estimate […]

Africa International

Gabon detains several officials in wake of ferry disaster

Gabon authorities have detained several state officials in connection with the ferry disaster in which at least 21 people have died. A ferry known as Esther Miracle carrying 161 people from Libreville to Port-Gentil sank when it capsized in calm waters on March 9 close to the coastal village of Nyonie. Authorities launched rescued operations. […]

Africa Features International

DRC sentences three Chinese to death for murder

A military court in the Democratic Republic of Congo, DRC, has sentenced three Chinese to death for the murder of another Chinese businessman residing in the mineral resources-rich town Kolwezi, the capital of Lualaba province. The ruling came Tuesday, Anadolu news agency reported. The court charged Wang Yon Xu, Cheng Zing Dan and Whang Hui […]

Africa Energy International

Paris-headquartered Maurel & Prom pledges to invest $85m in Gabon

Maurel & Prom, an oil company based in Paris, has announced it will invest $85 million to develop its activities in Gabon this year after spending $67 million in the African country last year. Maurel CEO Olivier de Langavant indicated that planned investment in Gabon is a chunk of the company’s total 2023 investment put […]

Africa Energy International

Afreximbank poised to help Senegal raise $500m

The African Export-Import Bank (Afreximbank) is in advanced discussion with Senegal’s oil refiner to raise $500 million in syndicated finance, a senior official of the bank told Reuters. The funds will be used to upgrade the company’s old refinery. Société Africaine de Raffinage (SAR), is the oldest refinery of West Africa. The company has recently […]

Africa Business Europe Headlines International

EU needs to strengthen cooperation with Africa on trade in services — ECFR study

Trade in services is critical for improving the competitiveness of African economies and improved trade in services with African countries could help the European Union diversify its supply chains, strengthening resilience and reducing dependencies on China and other Asian countries, according to a new policy brief published by the Brussels-based European Council on Foreign Relations […]

Africa Community International

Somalia: Al-Shabab suicide bombing kills scores of regional officials, incl. governor

In Somalia, at least 5 people have been killed and 11 wounded, including a governor, in a suicide bombing in Bardhere in the southwestern Gedo region on Tuesday March 14.The al-Shabab militant group immediately claimed responsibility for the bombing. “A suicide bomber drove an explosives-laden vehicle into a guesthouse in Bardera where government officials were […]

Africa Emerging Markets Headlines International Morocco

Morocco’s King wins outstanding achievement award of CAF’s President

The Outstanding Achievement Award of the President of African Football Confederation (CAF) was granted this year to King Mohammed VI in recognition of the Monarch’s contributions for the development of sport at home and across Africa. The trophy was handed over by CAF President Patrice Motsepe to minister of national education and Sports, Chakib Benmoussa […]

Africa Community International

Human rights groups call on Nigerian govt to end sectarian violence

Amnesty International and other human rights groups have condemned the recent attacks in northern Nigeria that left at least 35 people killed and called on the country’s authorities to end the sectarian violence. At least 366 people were killed in southern Kaduna state in northern Nigeria, between January and July of 2020, Amnesty International (AI) […]

Africa Business Europe Headlines International Morocco

Morocco: an end in sight for tomatoes exports restrictions?

Morocco, a key supplier of tomatoes to European and West African markets, is expected to ease its export restrictions as production improves with the end of the cold waves. The country had placed restrictions on exports of tomatoes to West African markets after prices soared to more than 15 dirhams per kilo in the local […]