Africa’s financial industry platform (AFIS) has chosen Lome as host of its second Annual Summit on November 15 and 16, 2023, for the second time in a row. This year’s Summit will focus on the building of a “world-class African financial industry.” AFIS, backed by the International Finance Corporation (IFC), the World Bank’s private sector […]
International
Morocco, Germany poised to promote security cooperation
Morocco and Germany have signed on Monday a joint declaration of intent aimed at strengthening cooperation between the two countries’ Interior Ministries in the areas of security, migration, civil protection, and the fight against different forms of cross-border crime, on the basis of equality, equal treatment, common interest and mutual esteem. The Declaration of intent […]
Sahara: UK Reaffirms Support to UN Efforts Seeking Just, Enduring & Mutually Acceptable Political Solution
UK Foreign Office has renewed its supportive stand to the “UN-led efforts to reach a just, lasting, and mutually acceptable political solution” to the Sahara regional conflict. Responding to a written question on the Sahara issue at the House of Commons, Parliamentary Under-Secretary of State David Rutley said : “We support the work of Staffan […]
Global Gateway: EU inks strategic partnerships on ‘Lobito Corridor’ in bid to counter China
The two-day Global Gateway Forum that wrapped up in Brussels on Thursday (26 October 2023) saw the European Union sign three strategic partnerships with its partners to develop critical raw materials value chains and boost transport connectivity. During the event, the 27-member bloc signed three Memoranda of Understanding (MoU) — for a partnership on critical […]
Renault to start production line of Kardian new model in Morocco’s Casablanca by H1 2024
Automaker Renault will launch by first half (H1) of 2024 a plant in Morocco’s city business hub of Casablanca to manufacture its newly unveiled Kardian SUV, in a move to conquer emerging markets. The car manufacturer made announcement at the inauguration in Brazil of its Renault Design Center LatAm and its new Kardian SUV, in […]
Nigeria: supreme court dismisses opposition’s appeal, upholds Tinubu’s presidential victory
Nigeria’s Supreme Court Thursday (26 October) confirmed President Bola Tinubu as the winner of February’s presidential election, rejecting an opposition’s appeal that challenged a prior verdict — and ending months of legal battles over the presidential race. The seven-member court dismissed the opposition’s appeal that cited flaws in the voting system, fraud and electoral law […]
French Schneider Electric mulls €30-million investment in Egypt until 2025
French Schneider Electric company is planning to inject additional €30 million in Egypt until 2025 to boost the production capacity of its electrical panels factory in Badr City, the company’s Northeast Africa and Levant Cluster President Sebastien Riez said in an interview with CNN Business Arabic, ‘Arab Business’ reports. €10 million of the €30 million […]
Benin’s Jean-Claude Talon elected new President of Africa’s tennis governing body
The Confederation of African Tennis (CAT) elected last week Jean-Claude Talon from Benin as the new President of the continent’s tennis governing body in replacement of Tarak Chérif from Tunisia who had led the organization since 2004. Jean-Claude Talon, brother of Benin’s President Patrice Talon, is the President of the West African country’s tennis Federation. […]
African Union joins UN in urging census of people held in Polisario-run Tindouf camps
The Peace and Security Council (PSC) of the African Union (AU) urged all African countries to cooperate with the UN Refugee Agency UNHCR including in terms of refugee protection and documentation. In a statement on October 27, the PSC stressed the need for African countries to cooperate with the UN agency on refugee documentation to […]
Nigeria wins appeal in landmark ruling against Process & Industrial Developments
Nigeria no longer has to pay a multibillion-dollar fine over a failed gas project agreement with Process & Industrial Developments Ltd (P&ID), after a London High Court has ruled in favor of Abuja and its appeal over damages, thus bringing an end to the $11 billion lawsuit filed by P&ID against the federal government. An […]









