Azali Assoumani elected the new president of the African Union
On Saturday, 18th of February, Macky Sall handed the power over African Union to Azali Assoumani, the president of Comoros. The latter...
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Burkina, Mali and Guinea call for the lifting of ECOWAS and AU sanctions
On February 9, the Ministries of Foreign Affairs of Mali, Guinea and Burkina Faso held a meeting in Ouagadougou. The gathering ended with...
Lavrov in Mali: we seek further cooperation in the Sahel
Russian Foreign Minister Sergei Lavrov visit to Mali ended on Tuesday, 7 February. During his stay, the head of the Russian diplomacy was...
Burkina Faso ousts French soldiers
Several hundred people gathered on Friday, January 20, in Ouagadougou to demand the departure of the French ambassador to Burkina Faso,...
Africa: Eight presidential elections in prospect in 2023
The upcoming year will bring about eight critical presidential elections. These will include: • Nigeria in February, • Sierra Leone in...
62nd ECOWAS summit
The ECOWAS Heads of State held a summit yesterday in Abuja. The discussion entailed the political situation in Mali, Guinea and Burkina...
Failed coup in São Tomé and Príncipe
São Tomé and Príncipe, the archipelago renowned for its stability, experienced a coup attempt on the night of Thursday to Friday,...
EU pledges over €1 billion to help Africa combat climate change
The European Union (EU) will pay more than one billion euros to help Africa adapt to climate change, announced the Vice-President of the...
DRC expels the Rwandan ambassador for M23 support
The Supreme Defense Council decided on the expulsion of the Rwandan ambassador to the DRC. This decision follows Rwanda's proven support...
ECOWAS president on a peace mission in Russia and Ukraine
The current president of the Economic Community of West African States (ECOWAS), Umaro Sissoco Embalo, began an official visit to Russia...
Sep 2, 20221 min read
Burkina Faso launches its first pharmaceutical production plant
Burkina Faso has set up its first pharmaceutical production plant, specializing in the production of generic drugs. The factory was built...
Aug 22, 20221 min read
Ghana: economic issues
After international agencies degraded the Ghanaian sovereign rating, the country increased its interest rates by 3%. The government is...
Aug 4, 20221 min read
Ivory Coast: the government seeks a boost to aquaculture
The Ivorian Prime Minister, Patrick Achi, was at the Loka fish farming station to officially launch PSTACI, a significant program for...
Jul 21, 20222 min read
DRC sells more oil blocks
In the Democratic Republic of Congo, the government is opening 27 of its oil blocks to investors despite warnings from local and...
Jul 19, 20221 min read
A new gas deal between Algeria and Italy
Italian Prime Minister Mario Draghi traveled to Algeria on Monday where he was received by President Abdelmadjid Tebboune. The aim of the...
Jul 11, 20222 min read
Zimbabwe hit by a new wave of hyperinflation
The invasion of Ukraine, combined with the black currency market, caused the Zimbabwean dollar to fall sharply. The country's economy has...
Jul 6, 20222 min read
Central African Republic launches its Cryptocurrency, the sango
The Central African Republic officially launches the "sango project". Sango is the name of the cryptocurrency invented by President...
Jun 10, 20223 min read
Africa: Investment flows to Africa hit a record $83 billion in 2021
In 2021, foreign direct investment (FDI) to African countries reached a record high of $83 billion, according to the latest World...
May 26, 20222 min read
The African Development Bank GDP predictions announced
The African Development Bank predicts that African GDP will experience a decline this year to 4.1% due to the persistence of the Covid-19...
May 23, 20221 min read
Germany wants to buy African gas
On Sunday, the Chancellor of Germany, Olaf Scholz, said his country wants to work with Senegal to develop gas fields off the coast of...
May 20, 20222 min read
African gas to replace up 38% of Russian supplies in the EU
"Gas supplies from Africa could replace up to 38 percent of Russian gas supplies to the EU," estimate analysts at the Polish Economic...
May 11, 20221 min read
Mining: Ghana seeks investment
Ghana wants more investment in its mines. The Minister of Lands and Natural Resources, Samuel Abu Jinapor, reiterated his call for...
May 4, 20221 min read
DRC wants to increase oil production tenfold
In the DRC, the Ministry of Hydrocarbons announced that it will launch international calls for tenders in July for sixteen oil blocks...
May 3, 20221 min read
DRC is negotiating a gas deal with Kuwait
Didier Budimbu, the Congolese Minister of Hydrocarbons, has been in Kuwait since Thursday 28 April. The objective of his visit is to...
Apr 26, 20222 min read
Foreign diamond companies return to Angola
Joao Lourenço's plan to attract investors is gradually bearing fruit. Foreign mining companies are once again interested in Angolan...
Apr 26, 20222 min read
Senegal: report on the country's economy confirms bright perspectives
In a report published on April 20, The African Private Equity and Venture Capital Association (AVCA) published a summary of the economic...
Apr 25, 20223 min read
Italy seeks independence from Russian gas in Algeria, Egypt, DRC, Angola
The government of Italy is diversifying its portfolio of gas suppliers to end the cooperation with Russia on the matter. The officials...
Apr 20, 20221 min read
Ghana’s GDP grows faster than forecasted
Ghanian Gross Domestic Product rose by 5,4% over last year in contrast to 4,2% forecasted by the IMF and 4,4% estimated by the Finance...
Apr 15, 20222 min read
Sub-Saharan Africa’s economy expected to grow 3.6% in 2022
As sub-Saharan African economies struggle to recover from the 2020 recession induced by the coronavirus (COVID-19) pandemic, the region...
Apr 14, 20221 min read
The World Bank grants $495 million to Senegal for financing four projects
The World Bank (WB) provided Senegal with $495 million for four projects, announced the monetary institution. The signing of the...
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