Economics

Senegal inks 500 billion CFA deal to build 60,000 lease-to-own homes

Senegal inks 500 billion CFA deal to build 60,000 lease-to-own homes

Senegal inks 500 billion CFA deal to build 60,000 lease-to-own homes

Muhamed Saeed Bala June 29, 2025

Senegal has taken a bold step to tackle its deepening housing crisis with the signing of a...

Senegal passes 2025 revised finance bill amid budget reform push and debt revelations

Senegal passes 2025 revised finance bill amid budget reform push and debt revelations

Senegal passes 2025 revised finance bill amid budget reform push and debt revelations

Muhamed Saeed Bala June 29, 2025

The Senegalese National Assembly has overwhelmingly adopted the 2025 amended finance law, signaling a new chapter in...

Angola must mobilize $8.6 billion annually to meet development goals, says African Development Bank

Angola must mobilize $8.6 billion annually to meet development goals, says African Development Bank

Angola must mobilize $8.6 billion annually to meet development goals, says African Development Bank

Muhamed Saeed Bala June 29, 2025

Angola must raise at least $8.6 billion every year until 2030 to meet its Sustainable Development Goals...

Ivorian opposition alliance demands end to controversial citizen sponsorship system

Ivorian opposition alliance demands end to controversial citizen sponsorship system

Ivorian opposition alliance demands end to controversial citizen sponsorship system

Ahmaad Mohamed June 27, 2025

The Alliance for Democracy and Peace (ADP) has reaffirmed its commitment to peacefully and lawfully campaign for...

Burkina Faso champions homegrown innovation on world MSME day

Burkina Faso champions homegrown innovation on world MSME day

Burkina Faso champions homegrown innovation on world MSME day

Ahmaad Mohamed June 27, 2025

In celebration of World Micro, Small and Medium Enterprises (MSME) Day, Burkina Faso has placed the spotlight...

Niger court orders french-owned COMINAK to resume uranium mine rehabilitation in Arlit

ChatGPT said: Niger Court Orders French-Owned COMINAK to Resume Uranium Mine Rehabilitation in Arlit June 27, 2025 — A court in Niger has ruled that COMINAK, a subsidiary of the French nuclear group Orano, must immediately resume decommissioning and rehabilitation work at its former uranium mining site in Arlit. The operations had been on hold since January, prompting legal action by civil society groups. The ruling was issued by the High Court of Arlit on Friday following a summary judgment procedure initiated by the Arlit Civil Society Coordination and the Synergy of Civil Society Organizations. The plaintiffs challenged COMINAK’s unilateral suspension of the site rehabilitation project, demanding a swift restart due to pressing social and environmental concerns. “The court decision confirms what we have been saying: halting this process is not just irresponsible, it is dangerous,” said a representative of the civil coalition involved in the case. The trial, which began in May, was postponed multiple times at the request of COMINAK’s legal team. The final hearing took place on June 13, with the verdict handed down two weeks later. Local civil society organizations had strongly condemned the prolonged pause in remediation activities, highlighting both the socio-economic fallout and environmental hazards. Hundreds of subcontracted and directly hired workers lost their jobs, while radioactive waste—measured in millions of tonnes—remained exposed, raising alarm among health and environmental advocates. COMINAK, which ended uranium extraction in March 2021 after decades of operation, had initially pledged to rehabilitate the mine over ten years at an estimated cost of 125 billion CFA francs. The January 2025 suspension raised questions about the company’s commitment to its environmental responsibilities and sparked tensions with the local community. With the court’s decision now compelling COMINAK to fulfill its obligations, attention shifts to how quickly the company will act—and whether its response will meet the expectations of a region that has long borne the burden of uranium extraction.

Niger court orders french-owned COMINAK to resume uranium mine rehabilitation in Arlit

Ahmaad Mohamed June 27, 2025

A court in Niger has ruled that COMINAK, a subsidiary of the French nuclear group Orano, must...

Ghana in talks with China’s GAC to host electric vehicle manufacturing plant

Ghana in talks with China’s GAC to host electric vehicle manufacturing plant

Ghana in talks with China’s GAC to host electric vehicle manufacturing plant

Ahmaad Mohamed June 27, 2025

Ghana’s drive for economic diplomacy may be on the cusp of a significant breakthrough, as Chinese automotive...

Angola’s rise in African military rankings sparks debate over real power and strategic gaps Angola's rise in African military rankings sparks debate over real power and strategic gaps

Angola's rise in African military rankings sparks debate over real power and strategic gaps

Angola’s rise in African military rankings sparks debate over real power and strategic gaps

Ahmaad Mohamed June 26, 2025

Angola has earned a top-tier position in Africa’s latest military power rankings, landing sixth on the continent...

Equatorial Guinea champions bold infrastructure fund to boost African integration

Equatorial Guinea champions bold infrastructure fund to boost African integration

Equatorial Guinea champions bold infrastructure fund to boost African integration

Ahmaad Mohamed June 26, 2025

The capital city of Malabo is preparing to host a landmark summit on Sunday, 13 July, focused...

Angola showcases economic ambition at US-Africa summit, calls for private investment over debt

Angola showcases economic ambition at US-Africa summit, calls for private investment over debt

Angola showcases economic ambition at US-Africa summit, calls for private investment over debt

Ahmaad Mohamed June 26, 2025

Angola’s Minister of State for Economic Coordination, José de Lima Massano, described the recently concluded United States-Africa...

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