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MENA region: IMF forecasts growth to reach 2.2% in 2024 & 4% in 2025

Growth in the Middle East and North Africa region (MENA) is projected to increase from 1.8% in 2023 to 2,2% in 2024 and 4% in 2025, the International Monetary Fund (IMF) said Tuesday. This is a downward revision from the April projections, the IMF pointed out in its World Economic Outlook (WEO) report. In April, […]

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Turkish Wagner: Sadat mercenaries are part of Ankara’s great game in West Africa

Mercenaries from a Turkish private security company, dubbed “Turkish Wagner,” are part of Ankara’s projection of military power in the Sahel, experts say, adding that these could also play a growing role in countries such as Mali and Niger. Sadat is a private military company reportedly with close ties to Turkish President Recep Tayyip Erdogan […]

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Morocco: Board of FAR Social Works held under chairmanship of Princess Lalla Meryem

Princess Lalla Meryem, President of the Social Works of the Royal Armed Forces (FAR), chaired, Friday at the FAR General Staff headquarters, the Board of the FAR Social Works. During the meeting, held at the instructions of King Mohammed VI, Supreme Commander and Chief of the General Staff of the FAR, Head of the General […]

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World Bank donates Togo laboratory equipment worth $1.6m

Togo took delivery Thursday January 11 of laboratory equipment valued at $1.6 million, donated by the World Bank to bolster performance of 18 district hospitals. The donation, the Health Ministry said is in line with the implementation of the project to strengthen emergency preparedness and response to Covid-19. The equipment is made of laboratory refrigerators, […]

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Benin: Policer officer sustains serious injuries in attack by unidentified armed men

Some unidentified armed men have inflicted serious injuries to a policeman in northern Benin, theater of regular fighting between the army and terror groups. The attack occurred Friday in the village of Birni Lafia, in the commune of Karimama, 24 Au Benin reports. The unidentified men assaulted the officer alone. They had reportedly previously planted […]

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AU-PSC: Morocco reiterates link between terrorists, criminal groups and separatists

Morocco has reiterated its position before the African Union’s Peace and Security Council (PSC) in Addis Ababa this Friday, highlighting the connections between terrorists and other criminal groups, separatists, and various entities associated with transnational organized crime. Speaking at a PSC’s meeting via videoconference, which was focused on reviewing the AU Commission Chairperson’s report on […]

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Côte d’Ivoire’s PETROCI appoints Fatoumata M’Balou Sanogo as new CEO

https://www.sikafinance.com/handlers/image_news_get.ashx?id=F375B449-BAD9-479C-B5AD-A99D368EB282 Fatoumata M’Balou Sanogo, former Total Energies well engineering expert, has been appointed to run Côte d’Ivoire’s state-controlled oil firm PETROCI Holding. The company, Tuesday July 18, in a statement said the board of directors made three decisions including the appointment of F. Sanogo. She is replacing former CEO Vamissa Bamba, removed from the position. […]

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India seeks to boost ties with Africa, offers bilateral or individual FTA negotiations

India has expressed its interest in negotiating a free trade agreement (FTA) with Africa with an aim to boost economic ties between the two regions, in what some experts see as India’s attempt to play catch-up in a bid with China over commercial influence in the continent. India would act as a trusted partner to […]

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Rwanda slams U.S. for ‘exacerbating’ the crisis in eastern in DRC

Rwanda Tuesday laid into the U.S. and the international community for exacerbating the crisis in eastern Democratic Republic of Congo (DRC), plagued by armed groups after US top diplomat Anthony Blinken urged Kigali to stop any supposed support for the rebels. The Rwandan Minister of Foreign Affairs, Vincent Biruta, affirmed in a press release that […]

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Nigeria’s worst floods in a decade displace more than 1.4 million, kill 500

At least 1.4 million people have been displaced and 500 killed in Nigeria in the worst flooding in a decade, which has affected nearly all of Nigeria’s states with 90,000 homes having been partially or completely destroyed, according to Nigerian officials. The Permanent Secretary of Nigeria’s Ministry of Humanitarian Affairs and Disaster Management, Nasir Sani-Gwarzo, […]