WOODSIDE Energy has successfully achieved first oil production at Senegal’s inaugural offshore oil project, the Sangomar field development. This milestone underscores the effective collaboration between Woodside Energy and Senegal’s national oil company, Petrosen, demonstrating their shared commitment to advancing energy security and industrialisation across the MSGBC region. The African Energy Chamber …
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Ghana Delays Cocoa Delivery, Impacting Global Chocolate Prices
GHANA, the world’s second-largest cocoa producer, is set to delay the delivery of up to 350,000 tons of cocoa beans to the next season due to poor crops, according to five sources who spoke to Reuters. This decision further exacerbates the challenges facing the global chocolate industry. Chocolate makers globally are …
Read More »Morocco Introduces AI In Courts, Plans For AI Regulation
MOROCCO announced on Tuesday the integration of artificial intelligence (AI) in its courts, marking a significant step towards modernising the judiciary system across the North African country. ‘AI has introduced significant changes worldwide,’ Justice Minister Abdellatif Ouahbi was reported by Anadolu Agency as saying during a meeting of the Justice Committee in …
Read More »AfricaConnect3 Boosts Agricultural Research In 40 Countries
AGRICULTURAL researchers in 40 African countries are set to benefit from a five-year cooperation supported by AfricaConnect3. This partnership between the West and Central African Research and Education Network (WACREN) and the Regional Universities Forum for Capacity Building in Agriculture (RUFORUM) will enable researchers from 140 African universities to access open scientific and …
Read More »US Condoles Malawi After VP Chilima Dies In Aircraft Crash
THE United States offered its condolences to Malawi on Tuesday following a tragic aircraft crash that killed 10 individuals, including Vice President Saulos Chilima. ‘Saddened to learn an aircraft carrying Malawian VP Chilima and nine others has crashed,’ US National Security Adviser Jake Sullivan wrote on X. ‘The United States offers …
Read More »Zuma’s MK Party Seeks To Block Parliament Over Alleged Vote Fraud
FORMER South African President Jacob Zuma’s uMkhonto we Sizwe (MK) party has applied to the country’s top court to block the newly elected parliament from sitting this week, alleging that the May 29 vote was marred by fraud. The National Assembly is scheduled to convene on Friday for lawmakers to …
Read More »Kenya Ex-president’s Retirement Benefits Spark Controversy
KENYA’S President William Ruto has established a team to address concerns over the retirement benefits and privileges of his predecessor, Uhuru Kenyatta. This move follows a public dispute between the two former political allies. The formation of the team comes after Kenyatta publicly alleged mistreatment by his former deputy, despite …
Read More »Adesina Highlights Africa’s Vast Economic Potential At Chatham House
IN a packed auditorium at Chatham House, African Development Bank President Dr Akinwumi Adesina delivered an inspiring address to a diverse audience of diplomats, investors, academics, politicians, and media, emphasising Africa’s untapped potential and abundant opportunities. During his presentation on Friday, titled Envisioning Africa’s Economic Prospects, Adesina highlighted his optimism and …
Read More »Afreximbank Disburses $40m To Fidelity Bank For Union Bank UK Acquisition
THE African Export-Import Bank (Afreximbank) has announced a $40 million disbursement from its intra-African investment facility to Fidelity Bank Nigeria Plc. This funding will support Fidelity Bank’s acquisition and recapitalisation of Union Bank UK, aligning with its international expansion strategy. Provided in two tranches of $20 million each, the first …
Read More »Op-Ed: South Africa’s Unity Government: 5 parties That Need To Find Common Ground
FOLLOWING South Africa’s historic 2024 general election, the ruling African National Congress (ANC) has started a process to establish a government of national unity. This, after it lost its parliamentary majority. As a political scientist, I believe that five political parties, including those with the highest shares of votes, are key to constituting a …
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