African Leaders Mount Effort To Mediate Ethiopia Conflict
African leaders attempted Monday to kickstart some kind of mediation in Ethiopia’s escalating internal conflict, two days after rocket strikes…
Category: Africa
Nigeria Has Ratified Africa’s Historic Free Trade Agreement—But Its Land Borders Remain Closed
The largest world’s largest free trade area since the World Trade Organization has taken one step closer to becoming a…
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 key step…
This $1 Made-In-Africa Covid-19 Test Kit Could Revolutionize Testing On The Continent
(CNN)For the first time since the Covid-19 outbreak began, Africa may be poised to reshape rapid testing for the virus…
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 smartphones…
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 number, as…
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. Nigeria,…
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 home with…
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 Morocco…
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 will fall behind the…
AfCFTA To Boost Intra-African Trade – Secretary-General
The implementation of the African Continental Free Trade Area (AfCFTA) will significantly boost intra-African trade within the next 10 years.…
Revisiting The African Continental Free Trade Area: Impact, Challenges And Opportunities
Trade is one of the key factors responsible for interaction among nation-states. It involves goods and services, and connects communities,…
Sudan Signs Preliminary Deal With GE To Boost Power Provision
The Sudanese government signed a memorandum of understanding with General Electric GE.N on Thursday aimed at increasing power generation by up…
Kanye West And Other Stars Join Global Protests Over Police Brutality In Nigeria
US rapper Kanye West has joined a growing list of international celebrities speaking out in support of large protests against…
IMF And World Bank Must Lend More To Africa’s Stricken Economies, Critics Say
Multilateral institutions like the World Bank and the IMF have come under fire from African ministers and economists who say…
Why African Common Currency Should Be Digital
Francophone states of the West African Economy agreed on dropping the use of CFA Franc. It was created in 1945…
Nigeria Is African Market With Greatest Online Potential, Say SBC Digital Summit Africa Experts
The dollar index slipped slightly on Monday but was little changed from Friday’s close as financial markets waited for news…
Why Is Africa Sending Money To Help Rich Countries Develop?
Research shows illicit money from Africa going to developed countries is a far larger than aid coming from them problem.…
African Oil Giant Paves Way To Sell Stake After Aramco Splash
INTERNATIONAL – Nigeria is considering selling shares in its state oil company, which dominates Africa’s biggest petroleum industry and has…
How Have Major African Currencies Performed This Year?
Africa’s top currencies have been hit greatly this year as a result of the coronavirus pandemic, but the Egyptian pound…
Exporters Explore Sea Option To Reach West, Central African Market
Nigerian non-oil exporters are tapping sea transport to reach the neighbouring west and central African markets as President Muhammadu Buhari’s…
African Central Banks May Say They’ve Done What They Can for Now
African central banks meeting in the next two weeks may decide that they’ve done all they can for now to…
Nigerian Banks Seen Adding Fuel To Kenya’s Deal-Making Frenzy
Nigerian banks seeking to escape the malaise gripping Africa’s biggest economy could find refuge by expanding in Kenya, where the…
Hotel Rwanda Hero’ Appears In Rwandan Court Amid Tight Security
Paul Rusesabagina, portrayed as a hero in a Hollywood movie about Rwanda’s 1994 genocide, appeared in a Rwandan court amid…
More Than Speculation, Bitcoin’s Real-World Usage Booms In Africa
Bitcoin is seeing its practical use in the real world in Africa, where it is used as a hedge against…
Refinery News Roundup: Most Refineries In Africa Back Online
Chad’s Ndjamena refinery, in Djarmaya, 30 km (17 miles) from the capital, is providing regular daily shipments of butane, and…
African Nations Say They’re Being Ripped Off By Wall Street
Macky Sall had a bone to pick with creditors. Sitting before the head of the International Monetary Fund, investors and…
Insight-How Bitcoin Met The Real World In Africa
Four months ago, Abolaji Odunjo made a fundamental change to his business selling mobile phones in a bustling street market…
Africa’s Confirmed COVID-19 Cases Nears 1.3m
The Africa Centres for Disease Control and Prevention (Africa CDC), on Sunday, said the number of coronavirus positive cases has…
African Countries Aim To Procure 220m COVID-19 Vaccine
All 54 countries on the continent have expressed interest in COVAX, a global initiative which is co-led by the Coalition…