Africa 

Algeria: Blinken thought to have urged for gas pipeline to Europe to reopen on state visit

US Secretary of State Antony Blinken arrived in Algeria on Wednesday amid calls for the country to boost gas exports to Europe after prices soared following Russia’s invasion of Ukraine. Algeria is Africa’s biggest natural gas exporter. The visit is the latest stage of Blinken’s Middle East tour that has already seen him visit Israel, the West Bank and Morocco.… Read More
Africa 

As DR Congo joins the East African Community, residents wonder if it is for the best

The EAC heads of state approved the Democratic Republic of Congo membership into the community on Tuesday. In Africa’s second largest country however, the move has raised concerned about the profitability and its impact on the Congolese economy. It is now official. The Democratic Republic of Congo became, on Tuesday, the 7th member state of the East African Community. Congelese… Read More
Africa 

Mali: Before UN rights Council, expert raises concerns about alleged killings attributed to the army

A UN expert said Tuesday in Geneva that the human rights situation in Mali was “worrying”, expressing concern about abuses attributed to jihadists but also to regular forces, as well as restrictions on freedoms under the ruling junta. The Malian government defended itself against these accusations and affirmed its commitment to ensuring respect for human rights. “The human rights situation… Read More
Africa 

African penguins could be extinct in decades

Last updated: 44 minutes ago According to experts, it has been stated that the African penguins, whose populations have decreased rapidly in the last century, may become extinct in the next few decades. This penguin species, whose natural habitat is the southern coast of the African continent, is on the International Union for Conservation of Nature’s (IUCN)  Red List of… Read More
Africa Investments 

The Africa Fertilizer Financing Mechanism Governing Council calls for more private sector financing in the fertilizer sector

Institutional members of the Africa Fertilizer Financing Mechanism’s Governing Council endorsed plans to attract more private sector financing to the continent’s fertilizer sector. The move came during a meeting of the 13-member council, during which participants also validated the Africa Fertilizer Financing Mechanism’s 2021 Annual Report and endorsed its proposed 2021 work program. The Africa Fertilizer Financing Mechanism works with… Read More
Africa Investments 

Bâtir des infrastructures solides, fiables et donnant confiance, une clé pour une inclusion financière véritable en Afrique

« L’inclusion financière est à prendre à bras le corps. Y parvenir, passe par une approche écosystème, incluant l’ensemble des acteurs : fournisseurs, distributeurs, utilisateurs des services financiers et régulateurs. Il faut aussi et surtout bâtir des infrastructures solides et fiables qui donnent confiance et l’accès à moindre coût pour stimuler le développement », affirme Bruno Aka, chargé principal des Systèmes de… Read More
Africa 

Sudan: Political paralysis could lead country to collapse, U.N envoy warns

The U.N. envoy for Sudan warned Monday the east African nation is heading for “an economic and security collapse” unless it addresses the political paralysis following October’s military coup and moves toward resuming a civilian-led transition. Volker Perthes told the U.N. Security Council that the military’s “violent repression” of protests against the October coup is continuing and the absence of… Read More
Africa 

Mozambique welcomes IMF’s announcement of the resumption of financal aid

Mozambique’s private sector has hailed the announcement of the resumption of financial assistance from the International Monetary Fund (IMF). On Tuesday, the Confederation of Economic Associations (CTA), Mozambique’s largest employers’ organisation, noted that the development creates “a good outlook.” The International Monetary Fund (IMF) had announced on Monday that it has reached an agreement with Mozambique for the implementation of… Read More
Africa Investments 

South Africa’s energy transition needs full financial support, says African Development Bank Group President

Dr. Akinwumi A. Adesina, President of the African Development Bank (left) and Gwede Mantashe, South Africa’s Minister of Minerals and Energy, held a bilateral meeting on 25 March 2022. African Development Bank Group President Dr Akinwumi Adesina has assured South Africa of the Bank’s strong support as the country transitions from fossil fuel to renewable energy. Adesina told Minister for… Read More
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