Africa Business Headlines International

Côte d’Ivoire to have its first cocoa processing plant

The foundation stone of the first cocoa processing plant in Côte d’Ivoire was laid Thursday in the port city of San Pedro. The plant is expected to process half of the country’s cocoa production. The plant, funded by regional financial conglomerate Atlantic Bank Group, will cost around €111 million and will stretch over 9 hectares […]

Africa Headlines International

Chad suspends seven political parties for three months

Chad Thursday suspended for three months seven political parties accused of disturbance of public order and security that may undermine the security of the State and the proper functioning of republican institutions, following bloody clash between security forces and demonstrators protesting the extension of the transition. The suspension targets Les Transformateurs, Front Populaire pour la […]

Africa Headlines International

Making the most of AfCFTA: African businesses bullish on the deal’s benefits

The African business community has maintained its bullish outlook on the benefits of the African Continental Free Trade Area (AfCFTA), as it weathers global instability, mainly due to the Russia-Ukraine war and the after-effects of the COVID-19 pandemic. African business advocacy group the Pan-African Private Sector Trade and Investment Committee (PAFTRAC) has published the results […]

Africa International

Chad declares state of emergency as floods leave millions in despair

Chad’s President Mahamat Idriss Deby has declared a state of emergency over flooding that is affecting more than a million people in 636 localities in the country while swallowing up more than 465,000 hectares of fields. While not uncommon during Chad’s rainy season, which usually runs from May to October in its southern regions, this […]

Africa Americas Finance International

US pledges additional $44m to Niger to address food insecurity

The United States has pledged to disburse additional $44 million to Niger to help the West African country address food insecurity. The announcement was made by Victoria Jane Nuland, the Under Secretary of State for Political Affairs, following a meeting with President Mohamed Bazoum in a capital Niamey on Wednesday. “I had a rewarding conversation […]

Africa Headlines International Morocco

Sahara: Burundi reaffirms support for Morocco’s territorial integrity, autonomy plan

Burundi reaffirmed, on Wednesday in Rabat, its commitment to the principle of Morocco’s territorial integrity, while considering the autonomy plan as “the basis for achieving a sustainable, pragmatic and realistic solution” to the dispute over the Moroccan Sahara. This position was expressed in a joint statement issued after a meeting in Rabat between the Burundian […]

Africa International

Burkina Faso: Ibrahim Traoré to be inaugurated President of Transition Friday

The Constitutional Council in Burkina Faso announced that the leader of the junta in power in the country Ibrahim Traore will be sworn in on Friday as the President of the transition, less than a month after seizing power. The Constitutional Council “takes note of the resignation” of Lieutenant-Colonel Paul-Henri Sandaogo Damiba, author of a […]

Africa International

Mali warns to defend itself against alleged French sovereignty violations

Mali’s military government would exercise its right to self-defense if France continued to undermine the West African country’s sovereignty and national security, Mali’s foreign affairs minister Abdoulaye Diop warned on Tuesday (18 October). During a speech delivered at a United Nations Security Council briefing on Mali in New York, Diop accused France of violating Malian […]

Africa International

Madagascar fires foreign minister following UN vote condemning Russia’s annexation of Ukrainian regions

Madagascar President Andry Rajoelina fired Tuesday the country’s top diplomat Richard Randriamandranto in connection with the UN vote last week condemning Russia’s annexation of Ukrainian regions. A decree signed by the President and the Prime Minister indicated that Defense Minister will take over the position in the interim. Local media, citing unnamed sources in the […]

Africa Europe Headlines International

Italy donates Niger two helicopters as part of military cooperation

Italy Tuesday donated two military helicopters to the Nigerien army in the framework of military cooperation between the two countries, news agency of the West African country reported. “As part of the military cooperation between our two countries, we have today handed over two helicopters to Niger. Next year, there will be two others,” said […]