Browsing Category
Africa
Economic Community Of West African States Backs Nigeria’s Quest For AU’s Peace,…
The Economic Community of West African States (ECOWAS) Authority of Heads of State and Government, has thrown its…
‘Naira Depreciation Increases Cost-Input Pressures, Weakens Production’
According to the Manufacturers Association of Nigeria (MAN), the depreciation in value of the Naira reduces…
Cybercrooks In Virtual ‘Scramble For Africa’
Africa’s mobile fraud losses will continue to rise above last year’s $4billion to peak at a record $5billion by the…
As U.S. Warns On Withdrawal, Data Shows Taliban Attacks Climb In Past Year
The number of attacks in Afghanistan by the Taliban in the last quarter of 2020 were higher than the same period…
African Free Trade Agreement To Boost Agriculture
The African Continental Free Trade Area (AfCFTA), due to launch in January 2021, is likely to be a watershed for…
Africans In Diaspora Seek To Be Included In The Continent’s Development Agenda
This was discussed at a meeting that took place in Nairobi this week attended by 150 Africans drawn from different…
W. Africa Crude-Traders Await Key Nigerian Plans8, Angolan Allocation
Spot activity was muted in the West African market on Thursday as traders awaited February Angolan term…
Report: Africa’s Mobile Broadband Subscriptions Will Double By 2025
The latest November 2020 edition of the Ericsson Mobility Report has projected increased growth in mobile broadband…
Africa Trade Deal Could Tap $84bn In Export Potential
A continent-wide free-trade pact could help to realise more than $84 billion in untapped intra-African exports,…
Terror Risks Escalate In Africa; Coronavirus Could Make It Worse
Terror groups are expanding operations and scaling up attacks in Africa, straining governments ill-prepared to…
WEEKAHEAD-AFRICA-FX-Ugandan Currency Firm, Kenya’s, Zambia’s Stable,…
Uganda's currency will likely gain against the U.S. dollar next week, while Kenya's and Zambia's are expected to…
Nigeria To Spearhead Africa Refinery Capacity Additions
Nigeria is expected to drive the refinery capacity growth in Africa by 2024, contributing around 71% of the…
Next Africa: Where Are The Vaccines?, South Africans Ask
The plaudits South Africa won for its swift initial response to the coronavirus in March are a distant memory.…
Travel Agents In Mideast, Africa Say UAE Is Blocking Visas
DUBAI, United Arab Emirates (AP) — Travel agencies in countries across the Middle East and Africa say the United…
AFRICA-FX-Kenyan, Zambian, Nigerian Currencies Seen Under Pressure
The currencies of Kenya, Zambia and Nigeria are expected to come under pressure versus the U.S. dollar next week,…
Africa Looks To China, Russia To Boost Scant Vaccine Supplies
The Africa Centres for Disease Control and Prevention and the African Union have discussed Covid-19 vaccine trial…
Inside Illicit Trade In West Africa’s Oldest Artworks – Part 1
Outside it has become night. In front of the windows of one of Abuja’s grandest hotels, the pool shines turquoise…
Nigeria Fastest Growing Economy In Africa – UK Trade Envoy
Hon. Helen Grant, United Kingdom Trade Envoy to Nigeria, has said that Nigeria was the fastest growing economy in…
Biggest African Economy Falls Into Recession As Oil Output Drops
Africa’s largest economy has slumped into a recession in the third quarter as oil production dropped to a four-year…
Next Africa: Cocoa’s OPEC Is In Fight With Few Winners
Ivory Coast and Ghana, who together produce about two-thirds of the world’s cocoa, are insisting that traders pay a…
African Leaders Mount Effort To Mediate Ethiopia Conflict
African leaders attempted Monday to kickstart some kind of mediation in Ethiopia's escalating internal conflict,…
Nigeria Has Ratified Africa’s Historic Free Trade Agreement—But Its Land Borders…
The largest world’s largest free trade area since the World Trade Organization has taken one step closer to…
Africa’s Largest Economy Ratifies Continent Trade Deal
ABUJA: The Nigerian government said Wednesday it had ratified the African Continental Free Trade Area (AfCFTA) — a…
This $1 Made-In-Africa Covid-19 Test Kit Could Revolutionize Testing On The…
(CNN)For the first time since the Covid-19 outbreak began, Africa may be poised to reshape rapid testing for the…
BBC Africa Eye Exposes European Pyramid Scam Exploiting Africans, Others
A new investigation by BBC Africa Eye has uncovered a global pyramid scam, run from Europe, that is using…
Ghana Is Outshining Nigeria As Top FDI Destination In West Africa
An unpopular fact might have been commonly overlooked would be that population size is sometimes only just a…
West African Oil Fortunes Diverge Along With Europe And China
For a glimpse of the growing disparity in the oil market’s recovery, look at crude sales from West Africa.…
African Money Transfer Firms Thrive As Pandemic Spurs Online Remittances
Having fled an economic implosion in his native Zimbabwe, Brighton Takawira was able to support his mother back…
The African States Who Received The Lion’s Share Of FDI In 2019
Out of the 998 projects financed by foreign direct investment (FDI) in Africa last year, Egypt, South Africa, and…
Africa To Fall Behind World Growth As Region Faces Slow Recovery
Sub-Saharan African economies face a slow recovery from the coronavirus pandemic and the region’s economic growth…