Linchpin of his father’s -Ibrahim Boubacar Keïta- regime, Karim the eldest son of the former Malian President had found refuge in Côte d'Ivoire after fleeing Mali, following the coup by Assimi Goïta in August 2020. Karim Keïta (pictured), the eldest son of Mali's deposed president, Ibrahim Boubacar Keïta (IBK), is the target of an Interpol red notice since Monday, July 5, at the request...

Africa is the part of the world that pollutes the least but pays the heaviest price of climate change. Efforts to stop the problem face the lack of support from wealthy countries. The same scenario applies when it comes to the fight against the Covid-19 pandemic. Akinwumi Adesina (pictured), President of the African Development Bank (AfDB), has in an interview with French media Le Point...

Investment banks worldwide are enjoying a strong recovery after the Covid-19 period. In the first half of 2021, they reached a record revenue not seen since 2000. Africa is however lagging. Global investment banks have generated a total of $79.7 billion in revenues over the first half of 2021. According to data reported by Refinitiv, this level is 26% higher than that of the same period a...

The International Cotton Advisory Committee (ICAC) signed an MOU with the International Trade Centre (ITC) to double the yields of more than 50,000 smallholder cotton farmers for the next three years in Zambia.   The effort, which is part of a larger agreement between the ITC and the European Union for support in Zambia, will see ICAC involve two of its most advanced technologies - the...

Zimbabwean company Liquid Intelligent Technologies and Facebook announced today they are partnering to build an optical fiber network in the Democratic Republic of Congo. Through this network, the two partners initiate the realization of a digital corridor that will start from the center of the DRC, cross the rainforest to connect East Africa to the submarine cable 2Africa in the Atlantic...

The Guinean Parliament validated on Sunday, July 4, a military cooperation agreement signed with Senegal. The information was confirmed by local media sources. The military and technical cooperation agreement was signed on June 19 between Conakry and Dakar, during an ECOWAS summit held in Ghana. It is based on several key points, namely, training of personnel and the fight against terrorism, the...

In Ethiopia, the Tigray People's Liberation Front (TPLF) has demanded the withdrawal of Eritrean troops from Tigray before accepting the ceasefire proclaimed by Addis Ababa. “As long as we have a foolproof guarantee that the security of our people will not be compromised by a second round of invasions, we accept a ceasefire in principle,” TPLF said in a July 4 statement. “However, before a...

The G20 finance ministers are expected to validate on July 10 the global inclusive tax deal proposed by G20. Voices have been raised, revealing that this development does not serve the concerns of Africa and other developing countries. The agreement on taxation presented at the end of last week by the working group set up by the G20 and the Organization for Economic Cooperation and Development...

CHO Group, a Tunisian-based producer and exporter of organic and natural olive oil will receive up to €22 million in financing from the International Finance Corporation (IFC). The financing package will be used by CHO as working capital and for investment in new equipment. The US-based development finance institution will not just be providing the funds but will also be providing...

About $2 trillion could be saved for the global economy if natural ecosystems are better protected, the World Bank estimates. If the degradation continues, sub-Saharan Africa, which is already paying a heavy price, will further suffer. The degradation of natural ecosystems could make SSA’s GDP drop by 9.7% a year by 2030, according to a World Bank report issued June 30. “A collapse in...