Focus: Indian Ocean Rim | 21st November 2023

Ties between Africa’s power house South Africa and Israel are set to deteriorate in the coming days with the ruling African National Congress (ANC) deciding to support a parliamentary motion calling for the Israeli embassy in South Africa to be closed. South Africa has requested that the International Criminal Court in The Hague investigate alleged Israeli war crimes in its war with Hamas. It may be pointed out here that ANC and Palestinians share close ties since the days of apartheid in South Africa. The Indian Ocean Region island nation of Madagascar went to polling last week but the locals are not hoping for any miracle. Meanwhile, while IMF has lauded growth in the Indian Ocean state of Oman, it has painted a grim picture for Mozambique. Seychelles and France having old links have now decided to strengthen business ties.   

 

S Africa’s ruling ANC to back opposition motion to close Israeli embassy

Al Jazeera | 16th November 2023

South Africa’s ruling party has said it will support a parliamentary motion calling for the Israeli embassy in South Africa to be closed. In a statement on Thursday, the African National Congress (ANC) also welcomed a call from President Cyril Ramaphosa for the International Criminal Court to investigate Israel for war crimes. “Given the unfolding atrocities in occupied Palestine, the African National Congress will agree to a parliamentary motion which calls upon the government to close the Israeli embassy in South Africa and suspend all diplomatic relations with Israel until it agrees to a ceasefire,” the statement said.

 

South Africa Refers Israel to The Hague Over Gaza ‘War Crimes’

Voice of America | 17th November 2023

South Africa has requested that the International Criminal Court in The Hague investigate alleged Israeli war crimes in its war with Hamas. President Cyril Ramaphosa made the announcement while on a state visit to Qatar, where he said he had spoken to the country’s ruler about the worsening humanitarian situation in Gaza. “We both abhorred what is happening right now in Gaza, which has now turned into a concentration camp where genocide is taking place,” he said.

 

Seychellois and French entrepreneurs link up under new Africa France Initiative

Seychelles News Agency | 17th November 2023

A group of entrepreneurs from various sectors in Seychelles had the chance to exchange ideas and network with their counterparts from Reunion, an overseas French department, in a meeting at the Alliance Française in Victoria on Thursday. The meeting was part of the Africa-France entrepreneurship community programme launched by French President Emmanuel Macron earlier this year at the New Africa-France Summit in Montpellier.

 

Mozambique: IMF concerned with increase in internal borrowing

Club of Mozambique | 17th November 2023

The International Monetary Fund (IMF) representative in Mozambique said on Thursday that the domestic debt situation in the country was “somewhat complicated”, noting that it was issuing domestic debt to pay off external debt.“We have a drop in external financing which now, both this year and next year, is and will be negative. In other words, it is necessary to issue domestic debt to pay the external debt. So, it is a somewhat difficult situation,” Alexis Meyer-Cirkel told the media on the sidelines of an IMF seminar entitled “Resilient Mozambique, Recent Milestones in the Development of Fiscal and Financial Capacity” in Maputo.

 

Madagascar returns to normality after elections

All Africa News | 17th November 2023

Madagascar returned to normality on Friday, a day after the country’s presidential elections. As the country awaits the expected announcement of Rajoelina’s victory, people are getting on with daily life. In the capital Antananarivo, umbrellas bearing the picture of incumbent president Andrey Rajoelina had covered one of the city’s busy streets in the days running up to Thursday’s vote. 

 

Oman’s economy on path to recovery: IMF

Times of Oman | 16th November 2023

The International Monetary Fund (IMF) has confirmed that Oman’s economy continues on the path to recovery, having achieved a growth of 4.3 per cent in 2022, driven mainly by the rise in oil prices and growth of both oil-based and other sectors. After a visit to the Sultanate of Oman by a team from the IMF, the mission pointed out the acceleration in the pace of growth of non-oil-based activities from 1.2 per cent in 2022 to 2.7 per cent in the first half of this year.

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