Africa Emerging Markets International

Fitch downgrades Kenya after protests

Fitch Ratings has lowered Kenya’s credit rating from “B” to “B-”, pointing to increased risks to the nation’s finances after the government retracted planned tax measures due to public protests. The Kenyan government, yielding to demonstrators, scrapped a tax proposal intended to generate an additional $2.7 billion in revenue, a move initially advised by the […]

Africa Headlines International

Niger’s oil exports under threat as FPL rebels warn of more attacks on China-funded pipeline

Niger’s oil exports are under threat, as armed rebels have warned of more attacks on the pipeline designed to carry oil to neighboring Benin, prompting a Chinese state-owned petroleum company to recently suspend all construction at the Agadem oilfield in eastern Niger. Recent months have seen a series of attacks by the Patriotic Liberation Front […]

Americas Europe Headlines International Morocco

Defense: Morocco & U.S. strengthening cooperation in electronic warfare amid mounting regional tension

Morocco is strengthening its military cooperation with the United States and western allies in electromagnetic warfare through “Arcane Thunder 24” exercise which is taking place in the North African Kingdom and Germany this August 5 through 16. A press release issued by U.S. Army Europe/Africa Command says this multi-domain exercise is designed to reinforce strong […]

Africa Headlines International Morocco

Moroccan navy rescues 59 migrants at sea

A frigate of the royal navy rescued off Dakhla, in the southern provinces, 59 sub-Saharan migrants. The migrants were on board a small boat heading to the Canary Islands before they were intercepted by the navy. About two-thirds of illegal arrivals to Spain were registered in the Canary Island, following a surge in embarkations from […]

Americas Business Emerging Markets Headlines International Morocco

Newsweek describes Morocco’s strategy to expand its high-speed rail network as “ambitious”

Newsweek has described Morocco’s strategy to enhance its high-speed rail network by 2040, as “ambitious”, noting that this strategy positions the Kingdom to extend its lead as Africa’s leader in rail. Morocco already has Africa’s only operational high-speed rail line and is intent on expanding and modernizing the network, the magazine stated, noting that this […]

Africa Headlines International

M23 rebels take DRC town near border with Uganda

Majority-tutsi armed group, M23 rebels, captured Ishasha, a border town in eastern Democratic Republic of the Congo near Uganda, dealing a blow to a fragile ceasefire between DRC and Rwanda. M23 entered the border town the same day a cease-fire between DRC and Rwanda was beginning. DRC accuses Rwanda of arming M23. The rebels have […]

Africa Europe Headlines International

Ukraine FM heads to Africa to rally support against Russia, as Mali cuts ties with Kyiv

Ukraine’s top diplomat has kicked off a three-country tour of Africa aiming to expand ties with the region that is increasingly looking toward Moscow, in a bid to drum up support for Ukraine’s military and diplomatic efforts in its ongoing conflict with Russia. The visit comes as Mali’s junta government announced on Sunday (4 August) […]

Africa Headlines International

Nigerian President urges end to economic protests, citing political motives

Nigeria’s President has called for an end to the ongoing protests against economic hardship, claiming that some with political agendas are driving the unrest. The demonstrations, which began few days ago, have been marred by reports of looting, vandalism, and excessive force by security personnel. President Bola Tinubu acknowledged the people’s pain and frustration but […]

Africa Headlines International

Somalia: Deadly beach restaurant attack in Mogadishu claims 37 civilian lives

A devastating attack on a popular beach restaurant in Mogadishu, Somalia’s capital, has left at least 37 civilians dead and 212 injured. The explosion, which occurred late Friday, marks the deadliest assault in the country since the October 2022 car bombings that claimed over 100 lives. Authorities have blamed the attack on the militant Islamist […]

Africa Americas Headlines International

US, Ghana launch nuclear energy training center

The US and Ghana launched Africa’s first nuclear energy training center open to all African countries considering nuclear in their electricity mix, the US Department of energy said. Ghana and the United States are part of broader pledge to triple global nuclear energy capacity by 2050. To further that goal, the U.S. Department of Energy […]