BUSINESS | ANG - Part 3
  • April 19, 2024

EU to sanction Iran for retaliatory attack on Israel

The European Union said it would impose new sanctions on Iran following its retaliatory attack against Israel on Saturday night. The missile and drone attack followed Israel’s bombing of Iran’s embassy …

Sports:Juventus ordered to pay Ronaldo over 10 million dollars in back wages

Juventus has been ordered to pay Cristiano Ronaldo more than $10 million by an arbitration board following a salary dispute. The dispute regarded a move by Juventus players to defer part …

Business:Niger signs deal to supply Mali with cheaper diesel

Niger is set to deliver 150 million litres of diesel to neighbouring Mali, after the two countries signed a partnership on Tuesday. The diesel is to be supplied to Énergie du …

World Bank approves $750 million credit to boost Nigerian reforms

The World Bank has approved a US$750 million credit line for Nigeria to help the country push through reforms to attract investment and create jobs. Several states in Nigeria are struggling …

Air strike hits Tigray region in Ethiopia – hospital official

The capital of Ethiopia’s northern Tigray region, Mekele, was hit by an air strike on Tuesday, a Tigrayan rebel spokesman and a hospital official said on Twitter. The strike, which could …

Business:Senegalese SMEs go digital to increase productivity

Senegal seeks to boost the digital transformation of its companies with a new program called ETER. It was launched by Senegal’s Agency for the Development and Supervision of Small and Medium-sized …

Algeria, Niger & Nigeria move to next step on the Trans-Saharan Gas-Pipeline project

Algerian, Nigerien and Nigerian Energy Ministers signed on Thursday a memorandum of understanding (MoU) for the construction of a 4,000 gas pipeline across the Sahara Desert that will supply Europe with …

Business:Debt, inflation: Crisis looms for Kenya’s economy

Kenyans head to the polls on August 9 amid signs that East Africa’s largest economy could be headed for tough times. The country’s currency- the Shilling has sharply depreciated. It means …

Rwanda will produce methane gas from Lake Kivu

Rwanda has been exploring the use of gas from Lake Kivu for cooking, industrial use and vehicles. It is expected that the cooking gas produced from this lake could start being used …

Biden to host African leaders for December summit – White House

The U.S.-Africa leaders summit will be held from December 13 to December 15, President Joe Biden announced Wednesday. He described the U.S. commitment to Africa as “enduring.” “I look forward to …

ECOWAS Court declares Nigeria’s Twitter ban unlawful

The Economic Community of West African States’ court has declared as “illegal” the seven-month suspension of Twitter by Nigerian authourities last year. The decision follows a complaint by citizens and human …

Algeria, Equatorial Guinea and Angola crudes the most expensive in the world (OPEC)

Crudes from Algeria, Equatorial Guinea and Angola became the most expensive in the world during June and for the first half of 2022 as a whole, according to the Organization of …

First electrified light rail transit system begins operations in Egypt

Egypt’s first electrified light rail transit (LRT) system jointly built by Chinese and Egyptian companies started its trial run on Sunday. Egyptian President Abdel-Fattah al-Sisi took the first ride on the …