Cape Verde has been urged to immediately release Venezuelan diplomat Alex Saab in compliance with the ruling of the ECOWAS Court on Monday, March 15, 2021. Femi Falana, the lead lawyer for Mr. Saab in a letter addressed to the President of the Cape Verde, Jorge Carlos de Almeida Fonseca...
African Export-Import Bank (Afreximbank), the Pan-African multilateral EXIM Bank, announces the signing of a 7-year US$350 Million Term Loan Facility to provide financing to OCP Group, the world’s largest phosphate mining and leading fertilizer company which will support OCP Group’s expansion plans across Africa. Prof. Benedict Oramah, President of Afreximbank, observed...
In rebuilding after COVID-19, policymakers must invest in innovative technology to leapfrog obstacles to inclusive development Africa has enjoyed strong economic growth for most of the 21st century, mainly because of robust global demand for primary commodities. But the “Africa Rising” narrative that accompanied this growth is mostly a story...
Africa's economy should return to growth in aggregate across the continent in 2021 after a coronavirus recession, the African Development Bank said on Friday - while warning that poverty and public debt will continue to rise. The -2.1 percent contraction of the pan-African economy in 2020 was the first recession...
Back when states regularly used armed forces to compel others into compliance or dependence, sovereignty was primarily a geographic and military concept. But the term has more recently taken on an added dimension. The COVID-19 pandemic, for example, revealed the West’s dependence on China for supplies of face masks and...
The ECOWAS Court has ordered the release of Venezuelan businessman, Alex Saab who has been detained in Cape Verde since June 2020. The court in a final judgement on Monday, March 15, 2021 determined that it was illegal and arbitrary for Cape Verde to arrest Mr. Saab, who is a...
The office of Dr Jose-Manuel Pinto Monteiro, the lead lawyer for Venezuelan businessman, Alex Saab in Cape Verde says he is disappointed about the extent of interference the government, particularly the office of the prime minister, Ulisses Correia is having in their work. They expressed the sentiments after news of...
As the rest of the world prepares for a vaccine-driven return to normal over the next few months, at her community health center in a poor, working class neighborhood of Cape Town, Andrea Mendelsohn is dreading the arrival of April and May—that’s when the weather will get cooler in...
President Joe Biden’s announcement that the US will have enough COVID-19 vaccines for every American by the end of May has contributed to a rising tide of optimism about the country’s economic prospects this year. This, and other good reasons to be hopeful about the economy, opens a valuable...
Lawyers for Venezuelan diplomat Alex Saab have warned that the total disregard by the Cape Verdean government in respecting the diplomatic immunity of their client could threaten diplomacy everywhere in the world. Mr. Saab is being held under restricted house arrest in Cape Verde without access to his lawyers. The...