Africa Headlines International

Africa’s new alliance in the making? — Burkina, Guinea, Mali junta regimes hold talks

Foreign ministers from three west African nations ruled by military regimes — namely Mali, Guinea and Burkina Faso — all of whom came to power following coups, met in Burkinabé capital Ouagadougou on Thursday, February 9 on the heels of a trip to the region by Russian envoy Sergei Lavrov. The meeting comes only days […]

Africa International

Russian, Western envoys converge on Sudan, offering divergent visions for Africa

Sudanese capital of Khartoum has seen a flurry of high-level diplomatic activity, with visits of Russia’s top diplomat and envoys from the United States and Europe, in what has been dubbed as “a new scramble for Africa” by the Kremlin and its Western opponents Russia’s Foreign Minister Sergey Lavrov’s visit to Khartoum (8-9 February) — […]

Africa Business Emerging Markets Headlines International Morocco

Africa holds key to global food security, OCP chief tells FT

Africa holds the key to global food security because it has 60% of the world’s unused arable land, chairman and CEO of Morocco’s OCP Group, Mostafa Terrab, told the Financial Times. The Financial Times pointed out in its Wednesday issue that in the wake of the war in Ukraine and amid fears about the continent’s […]

Africa Features Headlines International

Hope for jobs rather than religion drives recruitment by armed groups in Africa — UN report

The lack of employment more than religious belief is what is driving people to join fast-growing extremist groups in sub-Saharan Africa, according to a report by the UN Development Program (UNDP) based on interviews with hundreds of former fighters across East, West and the Horn of Africa. The new UNDP report’s findings thus challenge traditional […]

Africa Business Headlines International

International air travel to Africa surpasses pre-covid arrival, revenue levels

The full resumption of operations on international routes by African airlines and also the return of Chinese tourists to Africa have contributed to the fact that some countries on the continent have now surpassed pre-covid arrival numbers and revenue levels. Three African countries — Egypt, Kenya, and South Africa — are now on China’s list […]

Africa Americas Business Finance Headlines International

US pledges to step up Africa investment as Chinese lending slides to 13-year low

Recent visits to Africa by US Treasury Secretary Janet Yellen and US Ambassador to the United Nations Linda Thomas-Greenfield came as a new study by Boston University found China’s overseas investments in the Covid-19 era have slid to a 13-year low. Analysts say Washington is trying to compete with China for influence in Africa, with […]

Africa Asia Business International

Rwanda, Alibaba set up Africa’s First eWTP hub

The government of Rwanda and Alibaba have agreed to establish the first Electronic World trade Platform hub in Africa and to enable products from eastern African region to reach more than half a billion consumers of Alibaba, reports say. The deal is expected to spur the economic development and digital economy of Rwanda and ensure […]

Africa Business Europe International

Nokia to build next-generation optical transport network in several African countries

Nokia will build a next-generation optical transport network connecting Kenya, Uganda, Rwanda, Democratic Republic of Congo (DRC), Zambia, Zimbabwe and South Africa on behalf of Liquid Intelligent Technologies (LIT), a leading connectivity, innovation and intelligent technology company across 13 African countries. The Finland-based company has been selected by LIT for the deployment and per the […]

Business Finance Headlines

Foresight Africa: Brookings report outlines top priorities for the continent in 2023

With numerous external and internal headwinds, it is easy to be pessimistic about Africa’s prospects, yet, time and time again Africa has proved resilient and hence also in 2023 many African countries will continue to fare well, despite the odds, says an annual report launched by Brookings Institute launched on Monday (30 January). Since the […]

Africa Business Headlines International Morocco

Dakar 2 Summit: Morocco’s OCP committed to improving farming productivity in Africa (Official)

Morocco OCP group will “actively contribute” to improving agricultural productivity in Africa, with a commitment to devote to the continent more than 4 million tons of fertilizers in 2023, said the General Manager of OCP Africa, Mohamed Anouar Jamali. This amount represents “more than double that provided by OCP to the continent in 2021 and […]