• September 30, 2022

Airstrike in Ethiopia’s Tigray region kills civilians

An airstrike in Ethiopia’s northern Tigray region killed at least five civilians earlier this week as the revived war continues, according to humanitarian workers and an internal document seen by The …

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 …

Liberated Mocímboa marks one year since liberation from Jihadist

In the port city of Mocímboa da Praia in northern Mozambique life is slowly coming back to normal. The city was liberated from jihadists a year ago. Since August 2020 that …

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 …

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 …

Egyptian authorities resume hot air ballooning over Luxor after incident

Egyptian authorities on Wednesday resumed hot air ballooning over the ancient city of Luxor following a two-day hiatus after two tourists were lightly injured during a ride. A hot air balloon …

Business:Rebuilding economy after sanctions lifted

African countries have made progress on information exchange in 2021. This improvement has helped mobilize resources and better combat tax evasion. Interview with Zayda Manetta, Head of the Global Forum Secretariat. …

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 …

Business:Germany, Nigeria to sign accord on return of Benin Bronzes

Germany and Nigeria are set to venture into an agreement to pave way for the return of centuries-old sculptures known as the Benin Bronzes that were taken from Africa in the …

Business:Ghana back to IMF as economic conditions worsen

Ghana’s president, Nana Addo Dankwa Akufo-Addo, has authorized Finance Minister, Ken Ofori-Atta to commence formal engagements with the International Monetary Fund (IMF), to support the country’s economy. A statement issued by …

Business:Egypt to privatize key state companies as inflation surges

Egyptian Prime Minister Mostafa Madbouli has announced a series of planned privatizations of state-owned companies, as the country struggles with an economic crisis and inflation at almost 15% in April. The …