Africa Headlines International

Mali: Armed attack leaves at least 15 dead

An attack perpetrated Thursday in Bouldé, in the region of Mopti (central Mali) by unidentified gunmen left at least 15 people dead and several others wounded, official sources confirmed Saturday. “Armed men dressed as traditional hunters burst into the village of Bouldé (Mondoro Commune) around 5 am, opening fire on the population, killing about 15 […]

Africa Headlines International

Africa: AfDB- Natixis $50 million agreement to boost trade finance

The African Development Bank has signed a $50 million risk participation agreement, APR, with investment and corporate bank Natixis. The 50/50 risk-sharing agreement covers a portfolio of commercial transactions totaling $100 million, which will support commercial operations worth $600 million in Africa over the next three years, said the African financial institution in a press […]

Africa Headlines International

Sudan: TMC to retain top leadership of the country in interim administration

The Sudanese Transitional Military Council (TMC) Thursday said it will retain “sovereign authority only”, while civilians will hold the post of Prime Minister and all other ministerial portfolios. The announcement was made by TMC’s spokesman Shams El Din Kabbashi as the military council, the uprising leading group, Sudan Professional Association (SPA) and the opposition are […]

Africa Headlines International Libya Maghreb Morocco

Morocco Reiterates Support for a Democratic, Inclusive and Unified Libya

Morocco reiterated, on Wednesday in Addis Ababa, its support for the Libyan people’s aspirations to build a democratic, inclusive, and united State and to preserve their country’s national sovereignty and territorial integrity. The pledge was renewed by Morocco’s representative to the African Union (AU), ambassador Mohammed Arrouchi, in an address at a meeting of the […]

Africa Business Headlines International Morocco

BMW to abandon DR Congo Cobalt for Morocco in fight against child labor

The German carmaker BMW announced Tuesday it will from next year stop sourcing cobalt mineral from DR Congo and will shift to Morocco and Australia where working conditions are acceptable and not linked to child labor. The German company is planning to start producing electrical cars next year. BMW and other world carmakers are under […]

Africa Headlines International

Sudan: Three members of Transitional Military Council step down

Three military figures in Sudan’s Transitional Military Council (TMC) have resigned following protesters’ calls for their exclusion over their links with deposed leader Omar Bashir. The TMC late Wednesday announced the resignations of Lieutenant-General Omar Zain al-Abideen, Lieutenant-General Jalal al-Deen al-Sheikh and Lieutenant-General Al-Tayeb Babakr Ali Fadeel, according to local media reports. The resignations are […]

Africa Business Headlines International Morocco

Morocco: BMCE Bank of Africa launches Chinese branch in Shanghai

Morocco’s BMCE Bank of Africa launched Tuesday in Shanghai, China, its first branch in the world’s second largest economy as it positions itself as the channel between Chinese investors and Africa. Present in China for over two decades as a representation office, MBCE Bank of Africa’s new branch, is located in the financial district of […]

Africa Energy Headlines International

Kenya to go all out for renewable energy

Kenya authorities plan to invest more in solar energy as results from the Garissa solar power plant in eastern Kenya helps to stabilize electricity prices in the Eastern African nation. According to Simon Gicharu, Chairman of the Board of Directors of the rural electrification and renewable energy company (Rerec), the Kenyan government will not rest […]

Africa Headlines International

African leaders give Sudan military council 3 months to hand over power

African leaders meeting in Cairo Tuesday have agreed to give Sudan’s ruling military council three months to hand over power to a civilian transitional government and stressed that this delay should not be prolonged, the Egyptian presidency said in a statement. The agreement extends the 15-day deadline set by the African Union last week for […]

Africa Egypt Headlines International Libya Maghreb

Libya: AU Troika meets in Egypt

The African Union Troika is holding this Tuesday a summit meeting in Cairo to discuss the political and security situation in Libya and means to contain the current crisis and eradicate terrorism. The summit hosted by Abdel Fattah Al Sisi, current president of the African Union, will be attended by the presidents of Rwanda, South […]