Africa 

‘Real challenges’ must be addressed beyond polling day, urges UN West Africa envoy

In his first briefing to the Security Council since being appointed to the position, Leonardo Santos Simaõ recalled elections in Benin, the Gambia, Guinea-Bissau, Mauritania, Nigeria and Sierra Leone. He said they had “marked important steps towards democratic consolidation, offering opportunities for citizens to choose their leaders and representatives at the national and subnational level”. Shrinking civic and political space,… Read More
Africa 

Protests in Tunisia mark two years since presidential power grab

Over 300 people rallied in Tunis on Tuesday to mark the two-year anniversary of President Kais Saied’s adoption of sweeping powers by suspension of Parliament. Members of the opposition coalition, the National Salvation Front, took to the streets to ask the released of some 20 detained figures of the party, alongside media and business figures charged for conspiracy against state… Read More
Africa 

Louise Mushikiwabo to skip la Francophonie Games in Kinshasa

Contrary to what the Congolese government announced on Monday evening, the Secretary General of the Organisation Internationale de la Francophonie (OIF), Louise Mushikiwabo of Rwanda, will not be in Kinshasa for the Jeux de la Francophonie, her spokeswoman said on Tuesday. Relations between the Democratic Republic of Congo and Rwanda are atrocious, with Kinshasa accusing Kigali of supporting the M23… Read More
Africa Investments 

African Development Bank launches inaugural GBP 300 million 5.5% Social Global Benchmark due August 2025

The African Development Bank (AfDB), rated Aaa/AAA/AAA/AAA (Moody’s/S&P/Fitch/Japan Credit Rating, all stable), has successfully priced an inaugural GBP 300 million (no-grow) 2-year Global Benchmark transaction, in a Social Bond format, due August 2025 at UKT 0.625% Jun-25 + 65bps. The Bank took advantage of a clear issuance window ahead of the quieter summer period, despite the heightened volatility, to announce… Read More
Africa Investments 

2023 Southern Africa Economic Outlook: Southern Africa’s economic prospects subdued, yet abounds with investment opportunity in climate change…

The Southern Africa region has seen a slowdown in economic growth over the past year as its largest economy, South Africa, confronts multiple challenges. Civil unrest, electricity crisis and natural disasters have contributed to dampen prospects for the region, which is lagging behind the others in Africa, according to the African Development Bank’s new economic report. The 2023 Southern Africa… Read More
Africa North Africa World 

Tunisians mark Saied’s two years in power with protests

Hundreds of Tunisians have staged a street protest in the capital, Tunis to mark the second anniversary of President Kais Saied’s seizure of power. They have called for an end to his rule asking for the immediate release of detained opposition leaders. About 300 people gathered on the central Habib Bourguiba Avenue on Tuesday at pro-opposition organized rally. President Saied… Read More
Africa Ghana West Africa World 

Ghana’s parliament votes to abolish the death penalty

Ghana’s lawmakers have voted to abolish the death penalty and remove it from the country’s statute books. The parliamentarians on Tuesday approved for the death penalty to be replaced with life sentence as part of an amendment to the Criminal and Other Offences Act. The amendment bill, sponsored by one of the MPs was passed on Tuesday and now awaits… Read More
Africa 

Paris Olympic Games unveils 2024 Olympic torch

The torch that will be used to carry the Olympic flame around France ahead of 2024’s Olympic Games was unveiled by the Games’ organisers on Tuesday. A sleek cylinder of recycled steel, the torch was created by French designer Mathieu Lehanneur who was “inspired by three symbols of the upcoming Games: Equality, Water and Peacefulness”. The champagne-coloured torch is tapered… Read More
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