Terrorism |

How ‘Defeated’ Islamic State Prepares for Resurgence: QuickTake

LAGOS (Capital Markets in Africa) – In announcing his plan to withdraw American forces from Syria, President Donald Trump said the U.S. had achieved its purpose there because it had “defeated” Islamic State, the most destructive Islamist militant organization the world has seen. Certainly the group has been subdued in Iraq and Syria by an array of forces, including the U.S. military. But Islamic State has not been finished off. Remnants continue to fight in…

Global Security at Stake in Mali’s Islamist War, President Says

Posted on by The Editorial Team

BAMAKO (Capital Markets in Africa) – Malian President Ibrahim Boubacar Keita said his country’s six-year fight against Islamist militants should be a global concern as the West African nation faces the fallout from the offensives against insurgents in Iraq and Libya. “What’s happening in Mali doesn’t only concern us here, but the global community,” Keita, 73, said in an interview in the capital, Bamako. “With the advances in the fight against the Islamic State in Syria and…

Not Even Egypt’s Deadliest Terror Attack Can Faze Stock Traders

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CAIRO (Capital Markets in Africa) – Holders of Egyptian stocks seem to have developed thick skin. The benchmark index rose 0.8 percent in Cairo on Sunday even after more than 300 people were killed in a militant attack in northern Sinai on Friday. “No one is in shock as investors have, unfortunately, become immune to such events,” said Ashraf Akhnoukh, the director of Middle East and North Africa sales trading at Arqaam Capital. Still, “there is…

Deadly Somalia Bombings Highlight Failed Bid to Quash Al-Shabaab

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MOGADISHU (Capital Markets in Africa) – Three deadly bomb attacks in Somalia’s capital this month have highlighted the failings of a decade-long international effort to quash an al-Qaeda-linked insurgency in one of the world’s poorest countries. While African Union troops helped the federal government drive the Islamist group known as al-Shabaab out of Mogadishu in 2011, the group has continued to stage assaults in the city. The U.S. blamed it for the country’s deadliest-ever attack — an Oct….

Gunships Strike South Sudanese Rebels as Week-Long Battle Rages

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SOUTH SUDAN (Capital Markets in Africa) – South Sudan’s army used helicopter gunships to fend off rebels in a north-eastern state as fighting entered a second week, underscoring the challenge facing regional mediators trying to resuscitate a peace deal to end the almost four-year civil war. Rebels are attacking army garrisons in Waat town, Bieh state, prompting the government to use “all in its power” to fight them, Defence Minister Kuol Manyang Juuk said Tuesday by phone…

INTO AFRICA October 2017 Edition: Mind the Gap – Risk in Africa

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Welcome to the October 2017 edition of INTO AFRICA, a publication with fresh insight into Africa’s emerging capital markets. This edition looks at challenges and risks in Africa and its title: Mind The Gap: Risk In Africa. Over the past few years, African economies have increasingly an essential part of any expansion strategy as corporate leaders and fund managers under constant pressure to maximize returns and put capital to work. Although African markets offer a…

Northeast Nigeria Recovering From Islamist Violence, Unicef Says

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LAGOS (Capital Markets in Africa) – Northeastern Nigeria is beginning to recover from the devastation caused by an almost decade-long Islamist insurgency as famine is averted, more people access aid and children return to school, although huge challenges remain, the United Nations Children’s Fund said. The Boko Haram militant group has claimed more than 20,000 lives in a violent campaign to impose its version of Islamic law on Africa’s biggest oil producer. At least 5.2…

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