Africa Finance International Portrait

Senegal: Cheikh Issa Sall named new CEO of Caisse des Dépôts et Consignations

Senegal’s President Macky Sall has appointed on September 14 Cheikh Issa Sall, Chief Executive Officer (CEO) of Municipal Development Agency as the new head of Caisse des Dépôts et Consignations after firing the Chief of the financial institution Mame Boye Diao, few moments after the latter unveiled his plans to run for next year’s presidential […]

Africa International

Niger: Over 350 diplomatic passports of officials of deposed Bazoum’s regime cancelled

Niger’s Foreign ministry Thursday September 14 announced the cancelation of 368 diplomatic passports issued for officials and foreign experts of the regime of deposed President Mohamed Bazoum. “I have the honor of sending you herewith, for your consideration, the list of Nigerien diplomatic passports cancelled for expiry belonging to former presidents of institutions, former ministers, […]

Africa Community International

Malians divided on how to tackle conflict in north as Tuareg rebels capture key town

Tuareg rebels have reportedly seized control of a military camp and posts in northern Mali from army and Wagner mercenaries, threatening to unravel a 2015 peace deal, sparking a polarizing debate in the capital city Bamako over whether the government should consider restarting or increasing dialogue with armed groups. There has been a resurgence of […]

Africa Energy International

African leaders urged to safeguard continent’s vast untapped ‘green’ minerals

Africa, the world’s richest region for renewable energy, must tap into its vast untapped resources to drive sustainable development and industrialization — this was the main message coming from fruitful discussions on the Africa Green Minerals Strategy (AGMS) during the recent Africa Climate Summit 2023 in Kenya. At over 5500 exajoules per year, Africa boasts 44.8% of […]

Africa Business International

DRC: massive expansion in cobalt, copper mining leads to human rights abuses — AI report

The expansion of industrial-scale mines in the Democratic Republic of the Congo (DRC) that extract cobalt and copper to be used in rechargeable batteries has led to the forced eviction of entire communities and grievous human rights abuses, including sexual assault, arson, and beatings, according to a 100-page report published by Amnesty International. Entitled ‘Powering […]

Africa Energy Headlines International

Djibouti launches first wind farm to increase domestic power output

Djibouti has inaugurated Red Sea Power, a wind farm project that will produce 60 MW electricity in a bid to reduce power shortage and increase domestic output by 50 per cent. President Ismail Omar Guelleh unveiled the project over the last week-end. Red Sea Power is located in Ghoubet, 120 km from capital Djibouti. The […]

Africa Energy Europe Headlines International

London-based Tullow Oil’s operations in Gabon unaffected – CEO

Rahul Dhir, Chief Executive Officer of London-based Tullow Oil has told on September 13 Bloomberg the military coup that took place late August in Gabon has not affected the company’s business operations. Tullow Oil Plc’s assets in the central African nation Gabon account for around a quarter of its crude production. Tullow Oil Plc produced […]

Africa Emerging Markets Headlines International Morocco

Sahara: Benin reaffirms unwavering support for Morocco’s “credible & realistic” Autonomy Initiative

The government of Benin has reaffirmed strong support for the autonomy plan offered by Morocco for the Sahara under its sovereignty, saying the plan is the ONLY “credible and realistic solution” to the Sahara regional conflict. The supportive stand comes in a joint statement issued in Rabat following the meeting held Tuesday between Moroccan foreign […]

Africa International

Senegal: Caisse des Dépôts et Consignations CEO fired in wake of announcement to run for 2024 elections

Senegal’s President Macky Sall fired Tuesday September 12 the head of la Caisse des Dépôts et Consignations, few hours after the latter unveiled plans to run for February 2024 presidential elections. A decree signed by the Senegalese leader, seen by State-run news agency APS, announced the removal of El Hadji Mamadou Diao, better known as […]

Africa Headlines International

Gabon’s transitional Premier alludes to 24-month transition before new elections

Raymond Ndong Sima, the transitional Premier of Gabon has told French media AFP that the central African country will need at least 24 months as transitional period for new elections after the Army seized power on August 30. Ndong Sima, a former Prime Minister under the regime of ousted leader Ali Bongo Odimba, was September […]