BUSINESS | ANG - Part 2
  • March 29, 2024

Four persons sentenced to death in Tunisia for a 2013 assassination of a politician

A Tunisian court sentenced four people to death and two to life in prison on charges stemming from the murder of a left-wing politician, a public prosecutor said Wednesday. Chokri Belaid, …

Central bank of Nigeria raises interest rates to combat soaring inflation

Nigeria’s central bank implemented a significant increase in its monetary policy rate, raising it by 200 basis points to 24.75% from the previous 22.75%, according to Governor Olayemi Cardoso on Tuesday. …

Nigerian parents reunites with their children who were in captivity

Parents of more than 130 Nigerian schoolchildren who were rescued after more than two weeks in captivity said they saw them on Wednesday and that they couldn’t hold back tears of …

Equatorial Guinea President Obiang ready to extend 43-year rule

The president of Equatorial Guinea, Teodoro Obiang Nguema Mbasogo, who has been in power for 43 years, is seeking a sixth term on Sunday with the assurance of being re-elected to …

Artillery fire on M23 rebel positions in congo DRC

The Democratic Republic of Congo (DRC) is yet to fulfil its promise by taking action to protect its people despite promise, local sources have revealed. “We woke up to heavy fighting …

Business: Floods strike a blow to tourism around Senegal’s Pink Lake and salt industry

Senegal’s renowned Pink lake may be in danger. At the height of the rainy season in August, water cascaded into the lake, nearly tripling its usual depth. The influx washed away …

Angola Bank sector profits quadruple in 2021, new report shows

Banks in Angola had an overall positive performance last year, indicates a study carried out by consulting firm Deloitte, presented on Tuesday in Luanda. The government’s action and the reduction of public …

Sub-Saharan Africa witnesses a rapid development of digital transformation-Buiness news

– IMF’s report on digital currency innovations – The future of money is undoubtedly digital according to the IMF. The question is, what will it look like? As Digital currency development …

2022 YouthConnekt Africa summit ends in Rwanda with calls to invest in youth

The 5th edition of the youth connect summit ended in Kigali, Rwanda Saturday (Oct. 15) after 3 days of conferences, masterclasses and networking sessions. Thousands of young innovators and leaders from …

UK finance minister, Kwasi Kwarteng sacked, economic shift expected

Three weeks after the presentation of the state budget, the British Minister of Finance is about to leave. The British-born Ghanaian minister Kwasi Kwarteng announced his resignation on Friday in a …

UN mission condemns murder of 15 migrants, asylum seekers in Sabratha in Libya

The United Nations Support Mission in Libya (UNSMIL) condemned on Sunday the “heinous murder of at least 15 migrants and asylum seekers” in the Libyan city of Sabratha (west), calling for …

Gas deal between Libya and Turkey ‘illegal’ says Egypt, Greece

Officials said that Egypt’s and Greece’s foreign ministers met Sunday in Cairo following controversial maritime and gas deals that their shared rival Turkey signed with a Libyan leader. Cairo and Athens …

Business: Uganda’s sugar exports have increased

Uganda’s sugar exports have increased after a huge drop in July. According to the country’s central bank, Uganda’s sugar exports for the month of July suffered a 58% decline due to …