Africa Headlines International

Malian transition leaders postponed sine die next year presidential elections

Mali’s Government in power since May 2021 following a second coup announced Monday September 25 the delay sine die the scheduled February 2024 presidential elections, citing a number of reasons including issues related to the review of the electoral lists. Government spokesman Col. Abdoulaye Maiga announced the move noting that the elections “will be slightly […]

Africa Columns Europe Headlines International

West’s waning influence in Africa laid bare as France announces withdrawal from Niger

France’s decision to withdraw its ambassador and military forces from Niger, the West’s last key ally in the central Sahel region, amid a wave anti-French sentiment, are yet another blow to Paris’s influence in its former African colonies, laying bare Europe’s weakening influence in the continent, analysts and diplomats say. President Emmanuel Macron’s announcement on […]

Africa Headlines International

Somaliland rejects Uganda’s offer to facilitate reunification talks with Somalia

Somaliland, a breakaway region that declared autonomy from Somalia in 1991, has said it has no plans to discuss reunification with Somalia despite the Ugandan President Yoweri Museveni’s announcement he was willing to act as a “unification mediator” between the two governments. “Any dialogue that transpires between Somaliland and Somalia will not discuss unification, but […]

Emerging Markets Europe Finance Headlines International Morocco

EBRD supports Morocco’s pharmaceutical industry with €34.5 Mln funding

The European Bank for Reconstruction & Development (EBRD) announced on Monday a €34.5 million loan to Dislog Group, a leading manufacturer and distributor of hygiene & pharmaceutical products. The funding consists of two tranches. €24.5 million will be used by Dislog to acquire Steripharma, a local pharmaceuticals manufacturer that provides affordable specialty generics medicines to […]

Asia Business Energy Headlines International Morocco

South Korean LG Chem teams up with China’sxHuayou Group to build 2 plants in Morocco

South Korean LG Chem announced Sunday that in partnership with China’s Huayou Group it will establish two factories in Morocco for the production of lithium-phosphate-iron (LFP) cathode materials and lithium conversion, essential components in the manufacturing of batteries for electric vehicles. LG Chem and Huayou Group signed a comprehensive memorandum of understanding (MOU) on September […]

Africa Americas Headlines International

U.S., Djibouti share longstanding security relationship- visiting Secretary of Defense

United States Defense Secretary Lloyd Austin indicated Sunday September 24 that Washington and Djibouti share a longstanding security relationship as he met the President of the African country Ismail Oguelleh. Austin is on his first African tour. “It was great connecting with President Ismail Oguelleh during my first trip across as the Secretary of Defense. […]

Americas Egypt Headlines International

EgyptAir to resume cargo flights to U.S.A. after 8-year hiatus

Egypt’s national carrier is set to resume cargo flights to the U.S.A. after eight years of suspension, Civil Aviation Commander Mohamed Abbas Helmy said Sunday September 24. Helmy’s remarks came at the end of a 7-day visit by a delegation from the US Transportation SecurityAdministration (TSA) to Cairo International Airport in which they inspected the […]

Africa Europe Headlines International

France bows to Niger’s demand, decides to withdraw ambassador, troops

President Emmanuel Macron has said that France would soon withdraw its ambassador from Niger Republic, followed by its military contingent. France finally bowed to Niger’s demands and announced it would soon withdraw its ambassador from Niger, and its military contingent later on. Ties between Niger and former colonial power have turned sour since the July […]

Africa Emerging Markets Headlines International Morocco

Morocco leader in electronic security in Africa – Global Digital Quality of Life Index

Morocco ranks first in Africa in matters of electronic security, as revealed in the 2023 edition of the global Digital Quality of Life Index, established by Surf Shark, a security company based in Amsterdam. The Kingdom has also advanced two spots globally compared to the previous ranking. According to the authors of the DQL Index, […]

Africa Emerging Markets Energy Headlines International

Namibia: how Africa’s newest petro-state can avoid resource curse

Last year’s discovery off the shores of Namibia of an estimated 11 billion barrels of crude holds the promise of untold riches for this nation of 2.7 million people, but capitalizing on the bounty while avoiding the ills that afflict resource-rich countries in Africa — a phenomenon known as ‘resource curse’ — may prove challenging. […]