Africa Business Headlines International

Countries dependent on commodities hit 20-year high; Sub Saharan Africa hardest-affected region

The number of countries that depend on commodities has reached its highest level in 20 years, says a new UNCTAD report, noting that commodity dependence affects developing countries almost exclusively. According to the State of Commodity Dependence Report 2019 released last week, dependence on commodities affects 85% of least developed countries, 81% of landlocked developing […]

Africa Headlines International Morocco

Sahara-Football: Polisario Removed from AFCON 2019 Website

The African Football Confederation (CAF) has corrected its mistake by removing the name and flag of the self-proclaimed Sahrawi Arab Democratic Republic (SADR) from the official ticketing website of the 2019 Africa Cup of Nations (AFCON) due in Egypt from June 21 to July 19.   It’s never too late to make it right. Following […]

Africa Finance Headlines International Maghreb

SSO: $24 million funding needed to preserve oases in North African countries

A regional conference on the promotion of oases in North Africa and Mauritania held in Tozeur, Tunisia, last week underlined that $24 million funding was needed to preserve the green areas in the region desert. Participants in the conference, recognizing oases as a historical, cultural, environmental, civilizational, national and international heritage that must be preserved, […]

Africa Energy Headlines International Tunisia

Senegal interested in Tunisia’s renewable energy policies

The government of Senegal is interested in learning from Tunisia best practices in matters of renewable energy production policies. In this connection, a Senegalese team was dispatched to Tunisia to examine the pilot phase of the purchase of surplus renewable energy production from individuals implemented by the North African country. Tunisia’s longer-term goal, as set […]

Africa Headlines International

DRC: Excitement in Lubumbashi as exiled Katumbi returns home

Congolese businessman and politician Moise Katumbi has returned to the Democratic Republic of Congo, following three years of self-imposed exile. Katumbi fled DRC on 20 May 2016 after criminal charges of alleged hiring of foreign mercenaries were laid against him. He crossed the border into Namibia and travelled on to Brussels. The 52-year-old businessman and […]

Africa Headlines International Morocco

Morocco: 169 Sub-Saharan immigrants rescued in Mediterranean; human trafficker arrested in Asilah

Royal Navy coastguard, operating in the Mediterranean, on Sunday night, assisted several makeshift inflatable boats that encountered difficulties, said a military source. The boats were carrying 169 sub-Saharan nationals who were attempting to cross to Europe. The immigrants were brought safe and sound to Moroccan Mediterranean ports, the military source added. Also on Sunday evening, […]

Africa Headlines International

Mali inks agreement with AfDB to improve climate resilience

In Mali, the African Development Bank (AfDB) have approved €11.14 million to improve climate resilience for 100,000 farmers in Mali and safeguard the ecosystems of the Niger River. The AfDB signed three grant agreements with the Malian authorities. The agreements include a €3.5 million grant from the Transition Assistance Facility (TAF), a €2 million grant […]

Africa Headlines International

UN Official Pleads for more Support to G-5 Sahel

A UN Official has pleaded for more support to G-5 Sahel, saying the five-year-old force working to stabilize Africa’s Sahel has shown great potential, but needs more support from the international community to reach full operational capacity. Addressing the UN Security Council Thursday, Bintou Keita, UN Assistant Secretary-General for Africa, called for enhanced political and […]

Africa Energy Headlines International

Rwanda to build Africa’s first green city

Rwanda plans to build Africa’s first green city, located on the outskirts of Kigali to provide fully sustainable infrastructure, green spaces and housing for low-income people. The ambitious project worth $5 billion is seen as the materialization of the “Wakanda”, in reference to Black Panther, a movie which depicts “Wakanda”, a fictional African city in […]

Africa Energy Headlines International

Zimbabwe to launch new solar plants as it faces worst blackouts in three years

Zimbabwe will develop three solar photovoltaic power plants with a total capacity of 250 MW, local media reported. The three solar photovoltaic power plants will be installed in Goromonzi, Bulawayo and the capital Harare. The first two will each have a 100 MW capacity while the last one will have a capacity of 50 MW. […]