Africa Finance Headlines International

Niger lures investments in Paris to finance national development program

President of Niger Mohamed Bazoum chaired Monday in Paris an investors’ roundtable for the financing of the Economic and Social Development Program known as PDES 2022-2026, the office of the African leader has indicated. The program, according to Bazoum, will require around $30 billion and contributions from international technical and financial partners and the private […]

Africa Headlines International

ECOWAS envisions setting up of peacekeeping force to combat West Africa’s ‘coup belt’ reputation

The Economic Commission for West African States (ECOWAS) leaders have agreed to establish a regional peacekeeping force to intervene in member states to help restore security and constitutional order in a region that has witnessed several coups in the past two years. West and Central Africa have made strides in the past decade to shed […]

Africa Europe International

Burkina Faso suspends France’s RFI public radio for airing ‘terrorist propaganda’

Burkina Faso has ordered “the immediate suspension and until further notice” of Radio France Internationale (RFI), a French public radio, accusing it of having relayed an “intimidation message” attributed to a “terrorist leader.” Following the announcement by the Burkinabe government on Saturday (3 November), RFI protested the ban, calling Burkina Faso’s accusations unfounded. By having […]

Africa Finance Headlines International Morocco

Morocco backs replenishment of AfDB’s concessional financing fund

Morocco will make a contribution to replenish the African Development Fund, a concessional funding window of the African Development Bank. “The decision reaffirms Morocco’s willingness and commitment to help African states in line with the King’s enlightened vision to foster African solidarity and prosperity,” Finance Minister Nadia Fettah Alaoui said in a speech read on […]

Africa Headlines International

Sudan’s ruling generals, main pro-democracy group ink framework deal until elections

Sudan’s ruling generals and the main pro-democracy group have inked a framework deal until elections but key dissenters have stayed out of the agreement. The deal, the first of at least two planned accords, that was signed this Monday, pledges to establish a new, civilian-led transitional government to guide the country to elections and offers […]

Africa International

Burkina Faso: Four teachers killed in terrorist attack

A terror attack targeted a bowl club in the town of Bittou, the center-East province of Boulgou, on Sunday, killing four teachers, the National education ministry of Burkina Faso has announced. “The Ministry of Education honors the memory of four of its teachers, who fell as a result of the terrorist attack that targeted a […]

Africa International

Mali: Choguel Kokalla Maïga resumes office as PM of Transition after sick leave

Colonel Assimi Goïta, leader of the transition in Mali, reinstated Sunday Choguel Kokalla Maïga as interim Prime Minister of the transition after the latter bowed out of the position owing to sickness in August. Goïta announced in a decree the end of the role of Colonel Abdoulaye Maiga, appointed as caretaker Prime Minister after Choguel […]

Africa Egypt Headlines International

Egypt, Nigeria ink MoU to boost cooperation in communication sector

Egypt and Nigeria have signed a memorandum of understanding to enhance cooperation between the two countries in the fields of communication, information technology and digital economy, the Arab country announced Sunday. Per the MoU, the two parties will strategically cooperate in the areas of broadband and optical networking, the use of end-user devices, and the […]

Africa Headlines International

Phala Phala scandal: Ramaphosa’s political future uncertain, emergency meeting of the ANC

The political future of the South African president has become uncertain as he has an impeachment case to answer and as the ruling party must nominate its candidates for the 2024 elections this December. The impeachment case surface after an independent parliamentary panel probed the scandal over the theft of thousands of US dollars stashed […]

Africa Business International

Mozambique: The port of Mocimboa da Praia welcomes its first ship since the jihadist occupation

For the first time in two years, the port of Mocimboa da Praia in the gas-rich province of Cabo Delgado welcomed a commercial ship, a sign of a gradual return to normalcy for the province, which has been plagued by a jihadist insurgency for five years. Two years ago, the port of Mocimboa da Praia […]