Africa Emerging Markets Finance Headlines International Portrait

Seychelles: Central Bank Chief steps down in March 2024

The governor of the Central Bank of Seychelles (CBS) Caroline Abel, will leave her position in March 2024 when her contract ends. C. Abel made the announcement during the CBS press conference on the monetary policy for the upcoming three months, State-run news agency reports. “Today is my last press conference as governor of the […]

Africa Asia Business Headlines International

UAE, Congo ink trade agreement

United Arab Emirates (UAE) and Congo have sealed a comprehensive bilateral trade agreement that is expected to reduce or eliminate tariffs, remove unnecessary trade barriers, and improve market access. Thani Al Zeyoudi, UAE Minister of Trade announced the deal on X, former Twitter. “The breadth of the UAE’s trade network continues to broaden as we […]

Africa Headlines International

Sudan peace talks on hold amid escalating conflict, as Egypt, Türkiye issue travel advisories

The leader of Sudan’s paramilitary Rapid Support Forces (RSF) has visited Ethiopia and Uganda on his first trip abroad since war broke out with Sudan’s army in April, as regional diplomats scramble to broker a face-to-face meeting between both warring sides. The RSF commander Mohamed Hamdan Dagalo Thursday (28 December) met with Ethiopia’s Deputy Prime […]

Africa Headlines International

Senegal’s 2024 election: 79 candidates, including jailed Sonko, file to run for presidency

A total of 79 individuals, including the jailed opposition leader Ousmane Sonko, are reported to have filed their candidacy for the February 2024 presidential election in Senegal before the Tuesday (26 December) deadline amid allegations that the Senegalese authorities have been intensifying repression ahead of the vote. When Macky Sall, President of Senegal since 2012, […]

Africa Headlines International

Russian embassy re-opens in Burkina Faso after 32 years as France struggles to exert influence

After nearly 32 years without a diplomatic presence in Burkina Faso, Russia has announced the opening of its embassy in the capital Ouagadougou, in a move that marks a significant milestone in the relationship between both countries following an October deal to construct a nuclear power plant in the West African country. On Thursday, Russia […]

Columns Emerging Markets Headlines International Morocco

Retrospective 2023: Morocco’s Football World Cup Dream Becomes Reality!

Morocco’s football fairytale continues to inspire and impress the world which has recognized the major strides accomplished by the country in the field of sports under the leadership of King Mohammed VI. In early October 2023, the success-story of the North African Kingdom was crowned with the announcement made by the Monarch to the Moroccan […]

Africa Europe Headlines International

Senegalese navy busts trafficking attempt of 690kg of cocaine bound for Europe

The Senegalese navy has thwarted a drug trafficking attempt of 690 kg of cocaine. The substance, bound for Europe, was seized onboard a speeding boat. The communication department of the Senegalese army indicated that the operation took place on Dec. 22, 220 km off the coasts. The crew onboard the boat, five Spanish men, threw […]

Africa Emerging Markets Headlines International

Russia re-opens embassy in Burkina Faso after nearly 32-year absence

Russia has re-opened its Embassy in Burkina Faso’s capital Ouagadougou, nearly 32 years after shutting down the mission. This comes amid growing ties between the two countries. Russia’s Ambassador to Côte d’Ivoire and Burkina Faso, Alexei Saltykov witnessed the ceremony alongside his host, Burkina Faso’s top diplomat, Karamoko Jean Marie Traore. The Russian diplomat underscored […]

Americas Columns Comments Headlines International Morocco

U.S. Maintains Unchanged Stance on the Moroccan Sahara: Denial of Allegations and Highlighting Geopolitical Tensions with Iran

The U.S. State Department recently reiterated that the United States’ stance on the issue of the Moroccan Sahara remains “clear and consistent.” This confirmation follows former President Donald Trump’s declaration in December 2020, recognizing Morocco’s sovereignty over Western Sahara. The United States reaffirms unwavering support for the position on the Moroccan Sahara and warns against […]

Emerging Markets Europe Finance Headlines International Morocco

EIB supports Morocco’s forest strategy with €100 million

The European Investment Bank will support Morocco’s Forest Strategy 2020-2030 with €100 million under a financing agreement signed in Rabat on Thursday Dec. 28. The agreement, which falls in the frame of cooperation between Morocco and the EIB and which spans the period from 2024 to 2028, focuses on climate change adaptation, biodiversity promotion, and […]