Business Features Finance Headlines

Sub-Saharan Africa set for 3.8% growth in 2025 as inflation eases, investment returns

Sub-Saharan Africa’s economy is expected to grow by 3.8% in 2025, a modest but meaningful rebound driven by easing inflation, stabilizing currencies, and improving investment conditions, according to the World Bank’s latest Africa Pulse report released Tuesday (7 Oct). The forecast marks an upgrade from April’s 3.5% projection and reflects renewed optimism in key economies […]

Africa Business Features Finance Headlines International

IFC loans Express Union Tchad around $3m to boost access to finance for underserved communities

The International Finance Corporation, IFC, has provided a loan worth close to $3 million to Chad’s leading microfinance Express Union Tchad (EUT) to boost access to finance for underserved communities —particularly women and those in rural areas, bolster the microfinance sector, and help drive economic growth, the World Bank’s branch for private sector financing said […]

Africa Features Headlines International Tunisia

Tunisian political party calls on State to reintroduce visa requirement to Sub-Saharan migrants

Centre-right political party Afek Tounes, called on Tunisian authorities to re-impose visa requirements to Sub-Saharan migrants as part of measures to stem arrival of flows of migrants from South Saharan African countries who use the North African country as transit to reach Europe’s southern coasts. The party, “Webdo Tunis” reports, in a statement, also calls […]

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African immigrants celebrate their blended heritage on US Independence Day

Immigration from Africa to the United States has increased dramatically in the past three decades and these migrants turned to the US in pursuit of safety, opportunities and economic prospects, according to two latest studies on this topic. As the US commemorates 247 years of independence on Tuesday (5 July), African immigrants celebrated Independence Day […]

Africa Features Headlines International Tunisia

Tunisia detains three Sub-Saharans following stabbing to death of one Tunisian

Three Sub-Saharans illegally living in Tunisia have been arrested after the death of 38-year old Tunisian man by stabbing in the governorate of Sfax. The stabbing according to Sfax 1 Court occurred last Monday in the commune of Sekyet Eddeyer of Tunisia’s second city. The deceased was reportedly attacked by the three men in the […]

Africa Comments Community Features Headlines International Morocco

Morocco: Migration and Asylum Policy with Human Face

For nearly a decade, Morocco has been implementing a migration and asylum policy with a human face, in accordance with the High Royal Guidelines, respecting migrants’ dignity and rights. This comprehensive immigration policy, which aims to be humanistic, pragmatic and supportive, makes Morocco a land of welcome and dignity, where refugees and migrants enjoy full […]

Africa Energy Headlines International

AfDB to invest $25 mln for renewables in sub-Sahara

The African Development Bank (AfDB) will invest up to $25 million in a private equity fund for renewable energy projects across Sub-Saharan Africa. According to the continental lender, the Board of Directors has approved an equity investment of up to $25 million in ARCH Africa Renewable Power Fund (ARPF), a $250 million private equity fund […]

Africa Finance Headlines International

IMF revises Sub-Saharan countries’ 2019-2020 growth forecasts

The International Monetary Fund (IMF) in a report released on Wednesday announced that the economy of Sub-Saharan countries should rise this year. In its World Economic Outlook Update, titled ‘A Weakening Global Expansion’, the Washington-based Fund indicated that economic growth in Sub-Saharan Africa should pick up in 2019, forecasting a 3.5 per cent growth for […]

Africa Algeria Headlines International

African Civil Society Wants AU to Put End to Ordeal of Sub-Saharans in Algeria

Civil society associations in Guinea, Gabon and Niger have urged the African Union to put the issue of the human rights violations by Algerian authorities against Sub-Saharan migrants on the agenda as Algiers continues arbitrary expulsions of would-be migrants who are often abandoned in the desert on the borders with Niger. At a time the […]

Africa Columns Headlines International Morocco Opinions

New Migration Policy Strengthens Morocco’s Soft Power in Africa

Morocco has bolstered its clout and soft power on the African continent with the adoption of an immigration and asylum policy based on a human rights approach seeking to guarantee to migrants in Morocco access to basic services. Since King Mohammed VI urged the government to adopt a new migration policy, Morocco has become a […]