Africa Emerging Markets Headlines International

Botswana’s record-breaking diamond: A Gem of historic proportions

In a discovery that has sent shockwaves through the gemstone world, a massive 2,492-carat diamond has been unearthed in Botswana, potentially claiming the title of the second-largest gem-quality diamond ever found. This extraordinary find has not only captivated diamond enthusiasts but also highlighted Botswana’s growing prominence in the global diamond industry. The gem, recovered from […]

Columns Europe Headlines International Morocco Portrait

Would French-Moroccan Karim Bouamrane become the next French PM?

Often described as the rising star in the French political scene, French-Moroccan Karim Bouamrane stands as a strong candidate for the position of Prime Minister in France. Born in 1973 to Moroccan immigrant parents, Karim Bouamrane, the current socialist mayor of Saint-Ouen, had an exceptional journey that is leading him to the position of Prime […]

Africa Headlines International

Congo’s Mpox crisis escalates, sparking urgent vaccine plea

The Democratic Republic of Congo is grappling with a severe mpox outbreak, reporting over 1,000 new cases in just a week. This surge has prompted African health authorities to issue an urgent call for vaccines to combat the growing threat across the continent. Congo bears the brunt of this crisis, accounting for a staggering 94% […]

Africa Emerging Markets Headlines International Technology

Kenyan Esther Kimani wins 2024 Africa Prize for Engineering Innovation

The Africa Prize for Engineering Innovation 2024 has been awarded to Kenyan Esther Kimani for her innovative early detection system for crop pests and diseases. This breakthrough will help small-scale farmers improve yields and protect their crops. Awarded by the Royal Academy of Engineering, the prestigious “Africa Prize for Engineering Innovation” recognizes innovative engineering solutions […]

Europe Headlines International Libya

Germany ready to support Libya in addressing immigration issues

German Minister of State for Migration Bernd Kroeser expressed Germany’s willingness to collaborate with Libya, both bilaterally and through the European Union Commission, to address illegal immigration. The remarks were made during a meeting with Libya’s acting Minister of Foreign Affairs, Taher Al-Baour, on Wednesday. Talks focused on illegal immigration and the efforts by Libyan […]

Europe Headlines International Mauritania

Spain adopts a new measure concerning Mauritanians transiting through its airports

The Spanish Government has agreed that Mauritanian nationals holding an ordinary passport will require an airport transit visa to transit through the international zones of Spanish airports. This preventive measure, covered by article 3, paragraph 2, of the European Union’s Schengen visa Code, has been taken in response to recent events at airports throughout Spain, […]

Africa Business Headlines International

Tanzania registers 200 times more investment projects in H1 2024

Tanzania registered 409 investment projects in the first half of the year, which is a whooping 200 times more projects that were registered in the east African country in 2023, according to the Tanzania Investment Center (TIC). In the first six months of 2024, Tanzania registered 409 investment projects, worth $3.09 billion, of whom 385 […]

Egypt Emerging Markets Europe Finance Headlines International

Egypt, EU to implement €8M program to support industry

The Egyptian Government has secured an €8 million agreement with the European Union (EU) through the EU Tigara program to enhance trade, industry, and market access. According to the Ministry of Planning and International Cooperation, the initiative aims to strengthen Egypt’s enterprise growth and trade mechanisms, while boosting the involvement of small and medium-sized Egyptian […]

Africa Emerging Markets Finance Headlines International

Ghana’s Cocoa Regulator Breaks Tradition, Opts for Self-Financing

In a significant shift from decades-long practice, Ghana’s cocoa regulator, Cocobod, has announced it won’t be seeking its usual syndicated loan for the upcoming 2024/25 cocoa season. This marks the first time in over 30 years that the world’s second-largest cocoa producer has opted for self-financing. The decision, revealed by Cocobod’s Chief Executive Joseph Boahen […]