Month: July 2026

Restructuring Senegal's debt has become the most pressing economic challenge facing President Bassirou Diomaye Faye's administration. The revelation by the Court of Auditors that the country's debt levels exceed previously disclosed figures has placed Dakar in a tighter financial bind than anticipated. Identifying a financial advisor to lead this complex technical, legal, and diplomatic operation is now the critical first step toward negotiations with creditors. Recalibrated debt reshapes budgetary priorities The revised public debt stock, combined with a debt-to-GDP ratio well above the West African Economic and Monetary Union (WAEMU) thresholds, has shifted the balance of power with financial partners. The previous agreement with the International Monetary Fund (IMF) is currently on hol...

The World Cup quarter-final clash between Argentina and Switzerland delivered a breathtaking display of football, culminating in a nail-biting 3-1 victory for the reigning champions in extra time. The Swiss side, known for their resilience and tactical discipline, pushed the South Americans to the limit at a packed stadium. However, it was Argentina who ultimately prevailed, extending their dominance in international football with a performance that showcased both skill and determination. Switzerland’s valiant effort falls short against Argentina’s experience The match began with high intensity as both teams sought to impose their game plan. Switzerland’s midfield controlled possession early on, creating several promising opportunities. Yet, Argentina, a team celebrated for their attack...

Africa Côte d'Ivoire secures 80 billion USD investment for 2026-2030 development plan The West African nation has secured a historic 47,820 billion FCFA (80 billion USD) to fund its National Development Plan 2026-2030, a milestone praised by President Alassane Ouattara. Staff Writer July 11, 2026 — 1 min read Share ...

A coalition of Gabonese civil society organizations in Libreville announced Saturday their legal action against the escalating wave of cyberattacks plaguing the nation. These attacks predominantly target personal accounts on platforms like WhatsApp and Facebook, causing widespread concern among citizens.The collective has documented approximately fifty complaints from Gabonese individuals across various social strata, all victims of these digital intrusions. Their analysis points to a significant correlation between the surge in cyberattacks and the widespread use of Virtual Private Networks (VPNs). This reliance on VPNs emerged as a direct response to the suspension of social media platforms, enforced across the country since February 17.“The phone numbers originating these attacks typica...

The 2026 World Cup is keeping football fans on the edge of their seats, and the transfer window is already heating up behind the scenes. While the French national team continues its impressive run, whispers in the corridors of European clubs are growing louder. Among the players drawing attention is Jules Koundé, whose future could be about to take a dramatic turn. Rumors suggest that Jules Koundé, the 27-year-old defender, is now a prime target for Bayern Munich. The Bavarian giants see him as the ideal candidate to strengthen their right-back position, according to insiders. Meanwhile, FC Barcelona, his current club, has not ruled out letting him go—provided the financial terms meet their expectations. The Catalan side has set a firm valuation of around €60 millio...

Côte d’Ivoire showcases its development vision at continental economic gathering The African economic landscape is constantly evolving, shaped by the collective efforts of policymakers, international financial institutions, and leading economists. During the opening remarks of the 2026 African Economic Conference, Dr. Souleymane Diarrassouba, Côte d’Ivoire’s Minister of Planning and Development, outlined the country’s strategic approach to economic transformation. The high-profile event, held at the headquarters of the African Development Bank in Abidjan, brought together key figures including Dr. Sidi Ould Tah, President of the African Development Bank Group, alongside representatives from the United Nations, UNDP, OECD, and the United Nations Economic Commission for Africa. This annua...