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China’s CMOC Urges Congo to Lift Cobalt Export Ban

China’s CMOC Urges Congo to Lift Cobalt Export Ban

China’s CMOC Group, the world’s leading cobalt producer, has urged the Democratic Republic of Congo (DRC) to lift its four-month cobalt export ban, set to expire on June 22. Implemented in February to curb oversupply and stabilize prices, the ban has led to dwindling cobalt inventories in China. At a recent industry meeting in Singapore, CMOC’s […]

Ganvie: Africa’s Stunning ‘Venice’ Where Canoes Replace Cars

Ganvie: Africa’s Stunning ‘Venice’ Where Canoes Replace Cars

Ganvie, called the “Venice of Africa,” is a breathtaking lakeside village in southern Benin, home to around 30,000 people. Built on stilts in Lake Nokoué by the Tofinu people 400 years ago, it was a refuge from slave raiders and remains a symbol of resilience—its name meaning “we survived.” Without cars or motorcycles, residents navigate the […]

Merck Foundation Chief Executive Officer (CEO) together with African First Ladies Africa mark World Health Day 2025 by providing over 2250 scholarships to doctors across Africa and beyond

Merck Foundation (www.Merck-Foundation.com), the philanthropic arm of Merck KGaA Germany marks “World Health Day” 2025 in partnership with Africa’s First Ladies who are also the Ambassadors of Merck Foundation “More Than a Mother” Campaign, with a strong reaffirmation of its commitment to improving and revolutionizing healthcare access across Africa, Asia and beyond through their Scholarships […]

Invest Hong Kong Global Outreach Campaign Connects Eastern Europe, Africa and the Middle East to Engage with Emerging Markets

HONG KONG SAR, China, 21 May 2025-/African Media Agency (AMA)/- Invest Hong Kong (InvestHK), the Hong Kong government’s investment promotion arm, announced today (20 May 2025) that its Director-General and leadership team has completed duty visits to emerging markets in Europe, Africa, and the Middle East this month, actively promoting Hong Kong’s business advantages and […]

African Development Bank’s Adesina Warns of Economic Shockwaves from United States (U.S.) Tariffs, Calls for Strategic Global Engagement

As the United States imposes higher tariffs with global ramifications, African Development Bank Group (www.AfDB.org) President Dr. Akinwumi Adesina has warned that these measures could trigger significant economic disruptions across Africa, affecting numerous nations and accelerating a strategic shift in global partnerships.  In an exclusive interview with CNN’s Christiane Amanpour, Dr Adesina revealed that 47 […]

Future Hospitality Summit (FHS) Africa 2025 Honours David Green, William E. Heinecke and Hala Matar Choufany for Visionary Leadership and Lasting Impact on the Hospitality Industry

The 2025 Future Hospitality Summit (FHS) Africa Awards will honour three exceptional individuals whose leadership, vision, and integrity have profoundly shaped the hospitality industry in Africa and beyond. David Green, CEO of the V&A Waterfront in Cape Town, will be recognised with the FHS Outstanding Contribution to Hospitality Award; William E. Heinecke, Founder and Chairman […]

Citi And Standard Bank Successfully Arranged New Eurobond Issue And Tender Offer For The Republic Of Kenya

Citi And Standard Bank Successfully Arranged New Eurobond Issue And Tender Offer For The Republic Of Kenya

Citi and Standard Bank acting as Joint Lead Managers (“JLMs”), have successfully arranged a new Eurobond issue and Tender Offer for the Republic of Kenya through the National Treasury & Economic Planning. The new issue is valued at US$1.5Bn, with a US$579m buyback of Kenya’s Eurobond 2027. The transaction further establishes Citi and Standard Bank as key advisors and partners to the Government of Kenya (GoK), reinforcing their trusted brands on the continent. This is the second transaction of a successful Liability Management mandate with the […]

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