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Africa
Uganda in Talks with Chinese Firm for $180m Power Transmission Line to South Sudan
Uganda is in discussions with Chinese company Sinohydro Corporation Limited for the development of a $180 million…
South Africa’s MTN service revenue falls, lowers capex target
MTN Group, Africa's largest telecommunications operator, has disclosed an 18.8% decline in its first-quarter…
Uganda Named Top Investment Destination in Africa, Wins Award at Abu Dhabi…
At the Annual Investment Meeting (AIM) in Abu Dhabi, Uganda was awarded the top investment destination in Africa,…
AU Calls for $15 Billion Investment to Boost Local Fertilizer Manufacturing
The African Union (AU) has highlighted the need for a $15 billion private sector investment to enhance local…
Aliko Dangote Foundation and WEF Announce 2024 Young Global Leaders Fellows
The Aliko Dangote Foundation (ADF) and the World Economic Forum (WEF) have unveiled the gifted individuals…
ECOWAS Agrees to Establish $2.4 Billion Counter-Terrorism Force
The Economic Community of West African States (ECOWAS) has announced plans to establish a standby…
FBNBank Ghana changes to FirstBank Ghana to align with group identity
FBNBank Ghana has announced its name change to FirstBank Ghana, aligning with the identity, values, and vision of…
GoSolr to enhance solar-generation capacity in South Africa
GoSolr, a South African company, plans to increase its solar-generation capacity to 500 megawatts in the next four…
DRC President praises Russia and China for transparent partnerships
Democratic Republic of Congo (DRC) President Felix Tshisekedi has lauded Russia and China for their transparent…
Tanzania, Kenya resolve poultry export dispute- EAC
Tanzania and Kenya have finally resolved a trade dispute regarding the export of poultry and poultry products…
ECOWAS warns West African countries against being proxy frontiers of foreign…
The Economic Community of West African States (ECOWAS) Council of the Wise, chaired by former Nigerian president…
Huawei unveils vision for tech growth in Africa
Huawei has showcased its latest advancements towards ushering in the intelligent era with the theme "Unleash Data…
Sub-Saharan Africa incomes falling further behind rest of world, says IMF
The International Monetary Fund (IMF) has highlighted that incomes in Sub-Saharan Africa are falling further…
Risk sensitive South African rand weakens as geopolitical tensions bite
South Africa's rand experienced volatility in early Friday trading following reports of an Israeli attack on Iran,…
IMF: South Africa needs decisive efforts to cut spending
A senior official from the International Monetary Fund (IMF) has highlighted the urgent need for South Africa to…
African airlines lead global air cargo demand growth in Feb. 2024
A new report by the International Air Transport Association (IATA) has revealed that African airlines experienced…
Gabon launches national dialogue for democratic revitalization
Gabon has embarked on a historic national dialogue led by President Felix Tshisekedi, marking a significant…
South Africa’s producer inflation slows to 4.5%
Statistics South Africa reported that South Africa's producer inflation rate eased to 4.5% year-on-year in…
UAE’s IRH plans bid for stake in Zambia’s Lubambe copper mine
In the fourth quarter of 2023, South Africa experienced a decrease in foreign direct investment (FDI) inflows,…
Kenya resolves its oil importation row with Uganda – report
Kenya's Energy Minister, Davis Chirchir, has announced that Kenya will permit Uganda's state oil firm, UNOC…
Southern Africa faces food crisis due to Drought
The United States Agency for International Development (USAID) has highlighted a dire situation in southern…
Kenyan villagers build sand dams for water security
In Makueni, Kenya, residents of Kasengela village are taking matters into their own hands to secure water sources…
Sudan’s Bashir moved to ‘secure military site’ – lawyer
Former Sudanese president Omar al-Bashir, represented by his lawyer Mohamed al-Hassan al-Amin, has been relocated…
Suspected poachers killed in gunfire with Zimbabwe rangers
In a shootout near the Kazungula border post in Matabeleland North province, Zimbabwe rangers have fatally shot…
Senegal President: “I did nothing wrong”
Senegal's President Macky Sall has defended his decision to attempt to postpone elections, which triggered deadly…
South Africa: boat captain missing, search begins
South African authorities are intensifying efforts to locate missing charter boat captain John Matambu after his…
Gambia: Delay on female genital cutting ban repeal
Lawmakers in Gambia have deferred a decision on the attempted repeal of the 2015 ban on female genital cutting,…
EU pledges billions of euros for Egypt as it seeks to curb migration
The European Union revealed a €7.4 billion funding package and an upgraded relationship with Egypt on Sunday,…
Children rescued as Zimbabwe police unearth cult graves
Police in Zimbabwe have apprehended the suspected leader of a religious cult, Ishmael Chokurongerwa, along with…
South African Airways’ privatisation deal collapses
South Africa has terminated a deal to sell a majority stake in its national airline, South African Airways (SAA),…