More and more African countries seem to have taken inspiration from China’s unique economic development over the past decades and try to follow the development paths that suit their own respective domestic conditions. “The African people have the most say on which path suits Africa best,” said Chinese President Xi Jinping at the China-Africa Leaders’ […]
International
Tuna bond scandal: Mozambique and Swiss UBS bank reach out-of-court settlement
Mozambique’s bond market has rebounded following UBS Group AG’s announcement of a an 11th-hour out-of-court settlement regarding Credit Suisse’s involvement in a ship-financing ‘tuna bond’ scandal. The yield on Mozambique’s 2031 debt fell 19 basis points to 13.34% on Monday (2 October) morning in the capital, Maputo, after the recently announced settlement brought closure to […]
Gabon: new ruler lobbies for lifting of sanctions, wife of deposed leader charged with ‘money laundering’
Gabon’s post-coup ruler has visited The Congo to improve the relations between the two neighbors and lobby for the easing of his country’s international isolation after a group of military officers overthrew Ali Bongo Ondimba whose family had ruled Gabon since 1967. General Brice Oligui Nguema, who met with Congolese President Denis Sassou Nguesso on […]
Burkinabe junta leader prioritizes security over elections, plans constitutional changes
Burkina Faso’s junta leader Captain Ibrahim Traore, who came to power in a 2022 coup, has said that elections in the country are “not a priority” compared to “security,” despite the military leadership’s earlier pledges to return to democracy with presidential elections by July 2024. “It’s not a priority, I’ll tell you that clearly, it’s […]
King Mohammed VI receives credentials of several ambassadors newly accredited to Morocco
King Mohammed VI received, Monday at the Royal Palace in Rabat, several foreign ambassadors, who handed the Sovereign their letters of credentials as plenipotentiary and extraordinary ambassadors of their countries to the Kingdom. The heads of missions received by the Sovereign are Denmark’s ambassador Jesper Kammersgaard; Qatar’s ambassador Sheikh Abdullah Bin Thamer Mohammed Thani Al […]
King Mohammed VI expresses Morocco’s readiness to bolster brotherly, age-old ties with Guinea
King Mohammed VI has sent a message of congratulations to President of the Transition, Head of State of Guinea, Colonel Mamadi Doumbouya, on his country’s National Day, wherein he expressed Morocco’s readiness to bolster the brotherly and age-old ties binding the two countries. “I would like to express the high regard I have for […]
Morocco reiterates commitment to share its expertise in development financing with African Union
Morocco has reaffirmed its commitment to share its extensive experience and expertise in development financing with the African Union (AU) as part of the aspirations outlined in Agenda 2063. This announcement came during the Ministerial Retreat on Agenda 2063, a high-level event taking place in Kigali, Rwanda, this October 1-3. Morocco’s Permanent Representative to the […]
WB supports girls & women empowerment in Africa with $365 Mln funding
The World Bank Board has approved $365 million in International Development Association (IDA) financing to increase girls’ and women’s access to learning, economic opportunities, and utilization of health services, and to strengthen the institutional capacity for gender equality in Western and Central Africa. The Sub-Saharan Africa Women’s Empowerment and Demographic Dividend Plus project (SWEDD+) has […]
Mauritania not interested in hosting French troops flashed out of Niger – President Mohamed Ould Ghazouani
Mauritania’s President Mohamed Ould Ghazouani has told French media Le Figaro his country will not provide a territory for French troops expelled out of Niger. “Mauritania does not seem to me, either strategically or geographically, to be the best country to host soldiers dedicated to the fight against terrorism in the Sahel. In the fight […]
Libya bent on bringing Libyan prisoners back home – Justice Minister
Libya’s Justice Minister, Halima Ibrahim indicated Sunday October 1st the North African country is very determined to ensure all Libyans detained abroad are sent home to serve their prison sentences, ‘Libya Observer’ reports. H. Ibrahim made the announcement on Facebook in the wake of a prisoner swap agreement signed between Libya and Italy, on the […]









