The Malian army has rejected the ECOWAS’ offer to send regional troops to protect capital city, Bamako, arguing it’s up to the Malians to defend their own country. The ECOWAS offer was part of a military plan providing for sending more than 3,000 troops to free northern Mali from the grip of Islamic militants who [...]
I remember the Emergence scenario I was expecting for North & West Africa back in the mid 90’s when i started my career in Emerging markets as African & Arab Credit Specialist; we were already foreseeing for just the next decade exactly what we were witnessing on “Latam” (Latin American) economies at the time of [...]
More than a year after South Sudan became independent from Sudan, the two countries have not yet reached agreement on their oil and border disputes and no progress seems likely in the meeting they are currently holding in Ethiopia in a bid to resolve these disputes. At this meeting, South Sudan has offered Sudan more [...]
Cairo has swept away fears as to the fate of the Egyptian-Israeli peace treaty when newly elected President Mohamed Morsi reaffirmed during talks with US secretary of State Hillary Clinton his country’s support to this treaty, signed in 1979, and that the United States deem as a cornerstone of regional security. Israelis as well as [...]
As the situation in northern Mali is deteriorating by the day and as voices from inside the country are mounting calling for a military intervention to stop the Al-Qaeda-linked Islamists who have enforced an austere version of sharia law, destroyed ancient cultural and religious shrines and surrounded cities with landmines to trap residents, the international [...]
The Malian city of Timbuktu and the Tomb of Askia, threatened by the armed conflict in the region, were placed on the UNESCO’s List of World Heritage in Danger. The UNESCO World Heritage Committee, which made the decision on Thursday in a bid to raise cooperation and support for the threatened sites, asked Mali’s neighbors [...]
Six African countries are listed in the top ten of the 2012 annual world “Failed State Index” published Monday by The Washington-based Fund for Peace. The annual Failed States Index (FSI), which highlights global political, economic and social pressures experienced by states, ranks Somalia as number one for the fifth consecutive year, citing “widespread lawlessness, [...]
The United Nations Organization has called African countries to pursue structural transformation to sustain growth, create jobs and reduce vulnerability to external shocks, asserting that Africa can become “a global growth pole” by unleashing its productive potential through aggressively investing in infrastructure and human capital. This came in the UN Economic Report on Africa 2012, [...]
Tunisia’s search for $600 million to boost its economy and socio-economic development after the revolution with a new government in place hasn’t been an easy task. However, the recently concluded World Economic Forum in Istanbul was marked by the signing of a $500 million aid agreement between Tunis and Ankara. The package is divided in [...]
Charles Taylor, the former president of Liberia, has been sentenced to 50 years in prison for war crimes and crimes against humanity committed during the bloody civil war in Sierra Leone. The sentence was pronounced this Wednesday by judges at the Special Court for Sierra Leone which found him responsible for “some of the most [...]
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