The Mauritania government is on the verge of being granted a $163-million assistance package earmarked for economic reforms from the International Monetary Fund (IMF), reports say. Estimated at $162.8 million, the credit received a first draft approval...

The government has announced it is taking control of national carrier Kenya Airways in a move to turn the company to profit. The Kenyan government and the company’s national lenders agreed to convert $405.3 million of Kenya...

The alliance of 14 parties of the opposition has announced several days of protest for next week following three days of public outcry which ended Thursday. The tiny West African country since August 19 has been rocked...

The board of directors of the Abidjan-based PanAfrican institution Thursday agreed to release $172 million to serve as financial package for NedBank group in its drive to cover default risk and finance local and continental business. “The...

Morocco has launched its first observation satellite designed mainly for civilian purposes, surveillance of the country’s borders and the monitoring of desertification in the region. The launch service provider Arianespace added that it would be also used...

The West African country Tuesday received $524 million-loan from the US in the framework of the new compact for the development Millennium Challenge Corporation (MCC) in a ceremony in Washington oversaw by country President Alassane Ouattara. The...

The federal government has confirmed the ‘tragic’ death 26 Nigerian migrants, all female, on the Mediterranean after their bodies were found by a Spanish war vessel. The dead according a statement issued by the foreign ministry were...

The African business tycoon and richest man, Alhadji Aliko Dangote is expected to stand a trial in Dakar Thursday on fraud, forgery and conspiracy accusations made by heirs of late Kader Mbacké, a Senegalese businessman. The charges...

The Tanzanian police in capital Dares Salam confiscated Tuesday the mobile phone of opposition figure Zitto Kabwe of the Alliance for Change and Transparency (ACT)-Wazalendo for investigations after descending upon the party’s headquarters. Kabwe reported to police...

President Robert Mugabe Monday sacked country’s Vice-President Mnangagwa accused by his wife of plotting a coup against him, a move analysts believe is maneuvered to prepare Grace Mugabe for the pinnacle. Emmerson Mnangagwa was fired over several...