Africa Emerging Markets International

Guinea takes control of MTN Subsidiary Areeba Guinea, faces challenge of modernizing telecom operator

The Guinean Government has taken control of the telecommunications operator Areeba Guinea, previously owned by the South African group MTN. This move asserts Guinea’s sovereignty over its telecommunications sector, but the real challenge will be revitalising an operator that has fallen behind in modernizing its infrastructure. MTN Guinea had a 21% market share in the […]

Business Features Finance Headlines

Nigeria, Malawi and Rwanda have Africa’s worst-performing currencies in 2024

Nigerian naira, Malawian kwacha and Rwandan franc have been named the worst-performing African currencies against the US dollar in 2024, according to a latest report, having faced an array of challenges, from persistent trade imbalances, dwindling foreign reserves, to political instability. Some African nations strengthened their currencies, while others faced worsening exchange rates in 2024. […]

Africa Headlines International

Guinea’s Transitional Leader pledges constitutional referendum in early 2025

General Mamadi Doumbouya, Guinea’s transitional president, used his New Year’s address, to reaffirm a commitment to restore constitutional order. He announced that in the first quarter of 2025, his administration will sign a decree to organize a referendum on a new constitution. This pledge represents the latest milestone in Guinea’s ongoing transition following the 2021 […]

Africa Features Headlines International

Guinea opposition, civil society groups push junta gov’t for swift return to democratic path

Guinea’s opposition and civil society groups, united under the Forces Vives platform, have announced that they will no longer recognize the authority of the country’s military junta after 31 December, when a promised return to constitutional rule was meant to take place. While this deadline as the transition period was initially agreed with the West […]

Africa Headlines International Morocco

Morocco voices readiness to support guinea in sustainable & inclusive growth

Morocco has offered to support the Republic of Guinea in sustainable and inclusive socioeconomic development within the frame of solidarity- based South-South cooperation spearheaded by King Mohammed VI. The offer was made by Head of Govt. Aziz Akhannouch during talks he held Thursday in Rabat with Guinea’s Prime Minister Mamadou Oury Bah in presence of […]

Africa Headlines International Morocco

Moroccan-Guinean military cooperation reviewed at a meeting in Rabat

Various aspects of Moroccan-Guinean military cooperation were reviewed at a meeting held in Rabat Tuesday between visiting Guinean Minister of State for National Defense Army General Aboubacar Sidiki Camara, and Minister in charge of the National Defense Administration, Abdeltif Loudyi, and Inspector General of the Royal Armed Forces (FAR) and Commander of the Southern Zone, […]

Africa Business Emerging Markets Headlines International

Germany’s top diplomat visits West Africa to mend ties amidst Sahel instability

Germany’s top diplomat has talked up the prospect of closer political ties with Senegal and the Ivory Coast, two of the last democracies in a region otherwise plagued by sectarian conflict, in the latest attempt by a senior EU politician to rebuild the bloc’s political influence in West Africa. Germany’s Foreign Minister Annalena Baerbock is […]

Africa Features Headlines International

Russian FM kicks off three-country ‘charm-offensive’ tour of Africa in junta-led Guinea

Russian Foreign Minister Sergey Lavrov has kicked off his three-country African tour in junta-led Guinea, part of a fresh push to bolster support for Moscow from countries on the continent, amidst Russian isolation on the world stage. Russia’s top diplomat arrived Monday (3 June) in the capital Conakry on his latest visit to West Africa, […]

Africa International

Guinea: Junta govt justifies bans on media outlets by their “frequent misconduct”

Guinea’s junta on Saturday justified its banning of some major TV and radio stations by saying they were guilty of “frequent misconduct” and violating “human dignity.” Guinea’s military junta-led government has imposed a ban on four major private radio stations and one private television channel. In what is the latest in a string of restrictions […]

Africa Headlines International

EAC states increase trade with Africa

While East African Community (EAC) member states are increasingly trading with one another and with other African countries, latest statistical data have shown that many other nations on the continent, such as Cameroon, still have marginal trade with Africa despite AfCFTA implementation. According to the latest data by the EAC Secretariat, the seven EAC member […]