Africa 

Ethiopia launches tender process to sell 40% stake in Ethio Telecom

As part of Ethiopian authorities’ plan to open up the country’s economy, the government began a bidding process on Monday for the proposed sell-off of a 40% stake in state-owned carrier Ethio Telecom to private investors. Investors have 30 days to express their interest before a second phase of the process is launched, during which bids will be expected. The… Read More
Africa 

Ivory Coast readies for former president Gbagbo’s return

After his acquittal in March by the International Criminal Court (ICC), President Alassane Ouattara announced that his predecessor and rival Laurent Gbagbo was free to return to Ivory Coast. After 10 years away, Gbagbo is expected to arrive in Abidjan on Thursday from Belgium where he’s stayed since leaving ICC custody. Gbagbo was absolved of responsibility for crimes including murder,… Read More
Africa 

Algeria’s ruling party wins legislative elections

Algeria’s ruling party, the National Liberation Front (FLN), won the legislative elections held on Saturday amid historically high abstention rates and a political crisis, the National Elections Authority announced Tuesday. Its victory surprised many observers who had written off the party due to its links with former President Abdelaziz Bouteflika. The FLN led with 105 of the 407 seats, followed… Read More
Africa 

Tunisia frees ex-presidential candidate Nabil Karoui

Tunisia’s judiciary on Tuesday ordered the release of opposition leader Nabil Karoui, six months after his arrest on financial corruption and tax evasion charges. Karoui has been on hunger strike since June 5 to protest his prolonged incarceration. The court appears to have considered that Karoui, 57, leader of the Qalb Tounès party, a member of the government coalition, had… Read More
Africa 

At least 12 persons dead from attacks in northern and central Nigeria

At least 12 people were killed Sunday in two separate attacks in Plateau State in central Nigeria. The first attack occurred Sunday in Kuru locality, where gunmen in a car opened fire on a bar, killing ten people, according to local police spokesman Ubah Ogaba. “Ten people were shot dead in a drinking establishment … by as yet unidentified gunmen… Read More
Africa 

Central African Republic: 14 dead in herders farmers conflict

At least 14 people have been killed in clashes between herders and farmers in northeastern Central African Republic, near the border with Chad, which has been plagued by deadly conflicts between these communities. “It all started from a misunderstanding between a farmer and a herder who brought his cattle to a field” in Tiri, Ibrahim Senoussi, mayor of this commune… Read More
Africa Investments 

Appointment of Director, Financial Management, Mr. Jacques DJOFACK

The African Development Bank Group is pleased to announce the appointment of Mr. Jacques DJOFACK as Director, Financial Management, effective 1st June 2021. Jacques, a French national, brings to this role almost 20 years of international experience and expertise in Financial Risk Management from both Development Banks and Commercial Banks in Africa and Europe. Prior to his appointment, Jacques served… Read More
Africa 

Diego Maradona’s nurse had orders “not to wake him up”

The night nurse of Diego Maradona, the first member of his medical team to appear Monday before the Argentine prosecutor’s office, denied having abandoned his patient to a slow agony, ensuring that he “received orders not to wake him up”. According to Franco Chiarelli, the nurse’s lawyer, his client “noticed some warning signs”, which he transmitted, but that only “professionals… Read More
Africa 

DR Congo: President Tshisekedi assesses volcanic damage in Goma

President of the Democratic Republic of Congo Félix Tshisekedi — accompanied by wife and first lady Denise Nyakéru, paid a visit on Monday to Goma city where the recent volcanic eruption of Mount Nyiragongo devastated the area. The Head of State took time to assess the damage inflicted in and around the city by the volcano’s fiery spurts and promised… Read More
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