Author: The Editorial Team

LONDON (Capital Markets in Africa) — Prime Minister Boris Johnson’s last-ditch plea for European Union leaders to step in and salvage the bloc’s faltering trade negotiations with the U.K. was frustrated when summit talks overran on Thursday night, pushing Brexit to the fringes. The meeting of the EU’s 27 government chiefs in Brussels went through the night as they tussled over tough new climate targets. Leaders, including those crucial to the U.K. talks, like German…

CASABLANCA (Capital Markets in Africa)  — President Donald Trump said Morocco and Israel agreed to establish full diplomatic relations and that he was recognizing Morocco’s sovereignty over the disputed region of Western Sahara. The Western Sahara issue was long seen as a sticking point in getting Morocco to join with countries including the United Arab Emirates, Bahrain and Sudan in recognizing Israel. Taken with the earlier agreements, Thursday’s announcement helps bolster Trump’s efforts to reshape…

LAGOS (Capital Markets in Africa) — Nigeria expects to license by April one of the vaccines under development globally for Covid-19, the West African nation’s drugs regulator said. “We are looking at the end of the first quarter of next year or the beginning of the second quarter” to approve a shot for use in Nigeria, National Agency for Food and Drug Administration and Control Director-General Mojisola Adeyeye said in an interview on Wednesday. Africa’s…

LAGOS (Capital Markets in Africa) — Terror groups are expanding operations and scaling up attacks in Africa, straining governments ill-prepared to battle extremism as the coronavirus pandemic drains much-needed resources, Verisk Maplecroft said. Rising violence has made sub-Saharan Africa home to seven of the 10 riskiest countries in the world, according to the risk consultancy’s quarterly Terrorism Intensity Index published Friday. Nations including Ivory Coast, Tanzania and Mozambique saw the biggest decline in the index,…