Morocco to welcome IMF, World Bank to post-quake Marrakesh event

Morocco to welcome IMF, World Bank to post-quake Marrakesh event

The Moroccan organizers of next month’s Annual Meetings with the World Bank and International Monetary Fund (IMF) welcomed the decision to go on with the Marrakesh events, despite damage from a magnitude-6.8 earthquake that struck the region on September 8. “Marrakesh is ready for the world’s most significant economic and…

Laureen Fagan

Laureen is the editor of Africa Times

Aide to Madagascar’s Rajoelina arrested on bribery charge

Aide to Madagascar’s Rajoelina arrested on bribery charge

The United Kingdom says it has arrested Romy Andrianarisoa, the 46-year-old chief of staff to President Andry Rajoelina of Madagascar, as part of a corruption investigation that also led to the arrest of a French partner. The UK’s National Crime Agency said Andrianarisoa, as well as 54-year-old Philippe Tabuteau, have…

Laureen is the editor of Africa Times

Africa’s economic growth relies on wildlife conservation

Africa depends on wildlife conservation to drive economic development, not just in tourism but in fisheries, farming and more, according to executive director Richard Vigne of the African Leadership University’s School of Wildlife Conservation. “The overall health of the continent’s economy actually depends on conservation. In fact, almost 60% of…

Laureen Fagan

Laureen is the editor of Africa Times

Egyptian astronaut promotes African space initiatives

Sara Sabry of Egypt, the first African woman in space, is calling for more Africans to participate in space exploration and take advantage of related technologies and economic opportunities. “I don’t think space should be such an exclusive club. To be the first at something is to kick down the…

Laureen Fagan

Laureen is the editor of Africa Times

SA faces more power cuts but Eskom denies threat of grid collapse

South Africans faced another round of power cuts on Sunday night as the country’s chronic Eskom electricity grid failures continue, despite reassurances from officials that there will be no system collapse in the face of increasing winter demand. Stage 4 loadshedding was planned into Monday and will be “repeated daily…

Laureen Fagan

Laureen is the editor of Africa Times

Egyptian sues Netflix over ‘Black Cleopatra’ documentary

An Egyptian lawyer filed a court case against Netflix on Tuesday, calling on the public prosecutor to shut down the entertainment platform because of plans to air “Queen Cleopatra” with a Black actor in the title role. Mahmoud al-Semary claims that the documentary series, spearheaded by executive producer Jada Pinkett…

Laureen Fagan

Laureen is the editor of Africa Times

D.C. hosts Africa Fintech Summit

The Africa Fintech Summit will be held Wednesday in Washington D.C., with speakers from top African startups like Flutterwave and a keynote address from Ethiopian investor and summit co-founder Zekarias Amsalu. The event, the latest of the Africa Fintech Summit series launched in 2018, will place partnership with U.S. officials…

Laureen Fagan

Laureen is the editor of Africa Times

EAC court to begin hearings on Uganda, Tanzania oil pipeline

The East African Court of Justice is set to hear arguments on whether or not it has jurisdiction in a legal battle over the East African Crude Oil Pipeline (EACOP), with the governments of Uganda and Tanzania among the parties challenging whether the case, brought by activists seeking to stop…

Laureen Fagan

Laureen is the editor of Africa Times

African tech founders speak up about Silicon Valley Bank impacts

Africa’s startup founders and investors are watching what happens next for Silicon Valley Bank (SBV), which was shutdown by regulatory authorities in the United States on Friday—essentially freezing thousands of accounts at the tech-friendly bank and raising questions about what happens to startup funds. “Check in on your fellow tech…

Laureen Fagan

Laureen is the editor of Africa Times

Debt relief on the table as Ethiopians visit China

A high-level Ethiopian delegation’s visit to Beijing has led to speculation about how China is dealing with the African nation’s deepening debt crisis, but a spokeswoman for the Chinese Ministry of Foreign Affairs has denied any plans to restructure Ethiopian debt. “China takes the debt issue of developing countries seriously…

Laureen Fagan

Laureen is the editor of Africa Times