Americas Business Headlines International

Egypt to acquire US 12 CH-47F Chinooks to revamp helicopters fleet

US plane maker Boeing will manufacture 12 CH-47F Chinooks for Egypt as the Arab country moves to modernize its military helicopter fleet. The US Army has awarded Boeing a $426 million contract for the aircraft. The contract comes more than seven months after the US State Department approved the foreign military sale on May 26 […]

Africa Americas Business International

Mali, Brazil committed to bolster cooperation in security, agriculture, livestock breeding

Mali and Brazil are committed to deepen their bilateral cooperation in the fields of security, agriculture and livestock breeding as Bamako is concerned with security of all Malians and food security. The announcement was made by Malian PM Lieutenant Colonel Abdoulaye Maïga upon return from the South American country where he attended the inauguration of […]

Africa Americas Community Finance International

US delists Burkina Faso from its Africa trade preference program

The United States has dropped Burkina Faso from its trade preference program citing deep concerns over “unconstitutional change” in government in the West African country, according to a statement by the office of the US Trade Representative (USTR). The USTR’s office said Burkina Faso had failed to meet the requirements of the African Growth and […]

Americas Asia Headlines International Morocco

Morocco to hosts next Abraham Accords Summit in March

Israeli Foreign Minister Eli Cohen has announced that the next Abraham accords summit will be held in Morocco in March 2023. The U.S. had brokered in 2020 the Abraham Accords for the normalization of relations between Israel, Morocco, the UAE and Bahrain. The signatories pledge to strengthen peace in the Middle East and around the […]

Americas Headlines International Morocco

Morocco’s King represented at inauguration ceremony of Brazilian President

King Mohammed VI of Morocco was represented at the inauguration ceremony of the Brazilian president, Luiz Inácio Lula da Silva, by the Head of Government, Aziz Akhannouch. After he attended the solemn investiture ceremony of the new Brazilian head of state and his vice-president, Geraldo Jose Rodrigues de Alckmin Filho, held on Sunday, Akhannouch was […]

Africa Americas International

COP15 deal to halt loss of biodiversity: welcomed by some, not enough for others

The COP15 biodiversity summit’s historic agreement to protect 30% of land and water important for biodiversity by 2030, designed to halt its loss was welcomed by many, while others, including the Democratic Republic of Congo (DRC), argue that it does not go far enough in supporting conservation efforts in developing countries. Countries have reached the […]

Americas Asia Columns Headlines International Opinions

Is Algeria’s regime distancing itself from Russia to avoid U.S. ire?

In a bid to maintain their strong grip on power and avoid U.S. sanctions for financing Moscow’s war in Ukraine through the purchase of Russian weapons, the Algerian rulers started distancing themselves from their Russian historical ally and main arms supplier. According to Spanish newspaper “El Confidencial” and French daily “Courrier International”, the Algerian military […]

Africa Americas Business Finance International

Visa to inject $1bn in Africa over 5 years to cash in on e-payments boom

Visa Inc has announced plans to invest $1 billion over the next 5 years in Africa in a bid to capitalize on the emerging economy’s rapid growth in digital payments. “Visa has been investing in Africa for several decades to grow a truly local business,” chief executive officer Alfred Kelly Jr said in a statement. […]

Africa Americas Business International

U.S. Secretary of the Treasury to undertake African tour next month

Janet Yellen, the United States Secretary of the Treasury, will undertake mid-January a trip to Sub Sahara Africa following the U.S-Africa summit during which President Joe Biden pledged a win-win partnership in reaction to Russia’s and China’s growing presence in Africa. The former Chair of the Federal Reserve, according to her department, will visit South […]

Africa Americas Business International

Kenya’s geopolitical re-balancing? — Ruto embraces West as ties with China cool

Kenyan President William Ruto’s recent diplomatic overtures to the West are prompting analysts to ask whether the days of close Chinese engagement are coming to an end. Since taking office in August, Ruto has embraced Kenya’s economic and diplomatic relationships with the United States, United Kingdom and other Western countries, causing onlookers to wonder whether […]