Asia Blogs Community Headlines International

US unveils new multinational naval protection force to stop Houthi attacks in Red Sea

The United States and a host of other nations are creating a new global security force ‘Operation Prosperity Guardian’ to help protect and defend ships transiting the Red Sea that have come under attack by drones and ballistic missiles fired by Iranian-backed Houthi rebels in Yemen, US Defense Secretary Lloyd Austin announced Tuesday (19 December) […]

Business Finance Headlines

AfDB, Lome-based BOAD ink €70m deal to support the private sector in 8 West African countries

The African Development Bank (AfDB) announced Tuesday December 12 an agreement with the Lome-based West African Development Bank (BOAD), a line of credit agreement of €70 million to bolster the regional bank’s support to the private sector in the West African Economic and Monetary Union (WAEMU). The agreement, AfDB notes, was signed in Lomé on […]

Business Emerging Markets Energy Headlines Morocco

Climate Change Adaptation: Morocco’s OCP gets $18 Mln loan from Canada–AfDB for desalination projects

The Canada–African Development Bank Climate Fund (CACF) provides Moroccan OCP group a $18 million concessional loan to support the construction of three seawater desalination plants. In a press release issued Tuesday, CACF said the funding is destined to advance Morocco’s climate adaptation efforts as the projects will enable the North African Kingdom to produce and […]

Business Emerging Markets Headlines

Europe eyes DRC, Zambia, other African states, seeking critical mineral pacts to cut reliance on China

The European Union is finalizing partnerships with the Democratic Republic of Congo (DRC) and Zambia to boost local industries as the bloc wants to mine its way out of its heavy dependence on foreign powers like China for critical materials needed to power its green transition. A planned memorandum of understanding is widely seen as […]

Business Emerging Markets Headlines

France outclasses Russia as Cameroon’s leading wheat supplier

France has emerged as Cameroon’s leading wheat supplier, ahead of Russia which has seen its supplies shrink by 65 per cent, per data published by the country’s statistics agency. Russia as late as 2020 was Cameroon’s largest supplier with 396,000 tons but the figure slumped to 138,000 last year. Cameroonian wheat buyers according to the […]

Business Emerging Markets Energy Headlines

Canada sets eyes on Gabon’s mining potential

Canada is keen to boost ties with Gabon in many areas and mainly in the mining sector for a win-win partnership, the North American country’s High Commissioner in central African country (Lorraine Anderson) has revealed on Thursday July 27. “For Canada, Gabon is a land of opportunity, and we know we can work together in […]

Africa Features Headlines International

Togo, Canada keen to boost trade

Togo and Canada have expressed their keenness to increase trade between the two countries with a bilateral market estimated at $65.2 million in 2021. Mary NG, Canada Minister of Trade met in Ottawa with his Togolese counterpart Kodjo Adedze last week, the Togolese government announced Sunday. The administration of President Faure Gnassingbé said NG and […]

Africa Business Emerging Markets Features Headlines International

G7 Summit 2023: Africa demands seat at global table as nations eye its resources

As the leaders of the Group of Seven (G7) wealthy democracies converge for a summit in Japan, winds of change are blowing for Africa, which has so far been more of a discussion topic rather than an active participant in international politics, but is now demanding its rightful place in global dialogues and decision-making processes. […]

Africa Features Headlines International

Cameroonians call for peace, reconciliation to end country’s ‘full-blown civil war’

Ahead of Cameroon’s National Day on 20 May, thousands of people are demonstrating this week, calling for peace and reconciliation in what a recent briefing paper referred to as a „bloody civil war“. The demonstrators, led by activists, traditional leaders and clerics, gathered in the capital, Yaounde, on Thursday, calling for an end to hate […]

Americas Headlines International Morocco

Speaker of Canada’s senate hails Moroccan King’s leadership & reforms

Speaker of Canada’s Senate, George F. Furey has paid tribute to the leadership of King Mohammed VI and to the reforms engaged in Morocco, leading to progress, inclusive and sustainable development. Speaking to journalists following a meeting held Wednesday in Rabat with Foreign minister Nasser Bourita, Furey commended Morocco’s key role in the fight against […]