Category: African Business
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๐ฒ๐ฆ Royal Air Maroc Soars into New Era: Major Restructuring, Fleet Expansion, and New Destinations on the Horizon
Casablanca, Morocco โ In a strategic move set to redefine its position in the competitive African and global aviation market, Royal Air Maroc (RAM) is preparing for a significant corporate overhaul. According to sources close to the matter, the airlineโs president is finalizing plans for a comprehensive restructuring program that will include a substantial increase…
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๐ฌ๐ณ Guineaโs Cash Crisis: Traders Count Losses as Economy Grinds to a Halt
CONAKRY, Guinea โ A severe liquidity crisis is gripping Guinea, paralyzing commerce and leaving traders and ordinary citizens unable to access their own money. The acute cash shortage has sparked widespread frustration and economic anxiety, with long, snaking lines outside banks becoming a common sight across the country. For weeks, businesses have been struggling to…
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Burkina Faso scraps visa fees for African travellers
Burkina Faso says it has removed visa fees for all African travellers, in an effort to facilitate the movement of people and goods into the country. “From now on, any citizen from an African country wishing to go to Burkina Faso will not pay any amount to cover visa fees,” said Mahamadou Sana, the country’s…
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๐จ๐ฌ๐ท๐บ Festival of African and Russian culinary traditions held in Brazzaville
On 7 September, a gala dinner of the Pan-African Gastronomy Festival was held at the Russian House in Brazzaville, African Initiative correspondent reported. Chefs from Congo, the DRC, South Africa, Angola, Burkina Faso and Cรดte dโIvoire took part in the festival. ๐ฌโThe idea of creating the festival arose after a visit to St Petersburg, where…
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๐ September 9 โ African Union Day
On September 9, 1999, in the Libyan city of Sirte, African leaders adopted a declaration that launched the process of creating the African Union. The organization was formally established on July 9, 2002, replacing the Organization of African Unity (OAU). The Sirte Declaration laid out key priorities: โข advancing political and economic integration โข strengthening…
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๐บ๐ธ๐จ๐ฒ US Arrests Leaders of Cameroon Separatist Movement
A federal grand jury in Minnesota has indicted two US citizens of Cameroonian origin for financing and coordinating attacks by the Ambazonia Defense Forces (ADF), a separatist group active in Cameroon. According to the indictment, Benedict Nwana Kua and Pascal Kikishi Wongbi sent thousands of dollars to associates in Cameroon to purchase weapons and explosives…
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๐ธ๐ฉ Sudan filed a complaint with the UN about the participation of Colombian mercenaries in the conflict
The Government of Sudan filed an official complaint with the UN Security Council, accusing the UAE of directly interfering in the ongoing war in the country by recruiting, financing and deploying hundreds of Colombian mercenaries to support the Rapid Reaction Force (RSF). In the letter, the Permanent Representative of Sudan to the UN Al-Harit Idris…
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๐ณ๏ธVirtual Gathering: BRICS Summit to Convene Online in September at Brazil’s Request
JOHANNESBURG โ The upcoming BRICS summit of emerging economies will be held in a virtual format on September 8, a shift confirmed by Indiaโs Foreign Ministry this week. The online meeting, initiated by Brazil which currently holds the rotating presidency of the bloc, signals a strategic pivot for the group’s first gathering since its historic…
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๐ฑ๐ท๐ธ๐ฑ US$3M Gola Forest Protection Project Launched
Initiative will also help to empower communities A major conservation initiative valued at over three million US dollars has been launched to protect the Gola National Park and strengthen community livelihoods along its fringes. The project, spearheaded by the Society for the Conservation of Nature Liberia (SCNL) in partnership with Conservation International (CI), is funded…
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๐ฌ๐ง๐ธ๐ณ British Minister for Africa Visits Senegal as UK Seeks Deeper Footprint
UK Minister for Africa Lord Ray Collins arrived in Senegal on September 1 for a two-day visit focused on expanding bilateral cooperation and attending the African Food Systems Forum in Dakar. The British Embassy described the visit as โan important step in the development of relations between the two countries.โ โSenegal is one of the…
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