Niger coup complicates routes for European airlines across Africa
European carriers have reported disruptions and suspended flights across the African continent on Monday after Niger’s military government closed its airspace on Sunday. The military government is bracing for a response from the Economic Community of West African States (ECOWAS) after ignoring its deadline to reinstate the country’s ousted President Mohamed Bazoum or face the […]
Uganda defiant after World Bank halts funding over anti-LGBTQ law
President Yoweri Museveni has criticised the World Bank’s decision to suspend new funding to Uganda in response to a harsh anti-LGBTQ law and has promised to find alternative sources of credit. Museveni, who has been in office since 1986, said in a statement on Thursday that Uganda was trying to reduce borrowing and would not […]
Saudi Arabia’s Public Investment Fund (PIF) is keen to inject investment into Egypt’s Sovereign Wealth Fund (TSFE) as well as into other projects, reports say citing a statement from the Egyptian government.
Saudi Arabia’s Public Investment Fund (PIF) is keen to inject investment into Egypt’s Sovereign Wealth Fund (TSFE) as well as into other projects, reports say citing a statement from the Egyptian government. TSFE has according to the statement submitted investment proposals to the Saudi fund. The announcement came during Wednesday’s meeting between Egypt’s Moustafa Madbouly, […]
African institutional investors call for partnerships to build resilient economies
African institutional investors call for partnerships to build resilient economies The African Sovereign Wealth and Pension Fund Leaders Forum has today issued a Call to Action to build resilient African economies. Noting the potential for devastating economic impacts on the African continent by the novel coronavirus (COVID-19) pandemic The Forum, comprised of leaders of Africa’s pre-eminent […]