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Africa
AU, African Leaders Urged To Fast Track High-Speed Rail Project
African Union, AU, and leaders of the continent have been urged to fast track implementation of the high-speed rail…
Africa’s Worst Stock Market Faces More Pain From Bank Earnings
There is no recovery in sight yet for Africa’s worst-performing stock market as investors look to bank earnings…
Import Restrictions, FX Fluctuations… Why Shoprite May Be Selling Stake In…
Shoprite, Africa’s largest food retailer, told investors on Monday that it is considering a potential sale of ” all…
Here’s The Nigerian Who Is Buying Shoprite’s Stake
Shoprite, Africa’s largest food retailer, announced on Monday it is considering selling off its majority share in…
Shoprite Lifted By Sales Jump And Potential Nigeria Exit
Shoprite Holdings could become the latest South African retailer to retreat from other African markets after it…
Kenya Airways Resumes International Passenger Flights
Kenya Airways has announced that it has resumed international passenger services following the easing of movement…
Kuwait Bans Commercial Flights from 31 Countries Over Covid-19
Kuwait suspended commercial flights from 31 countries on the advice of health authorities, just as the Gulf state …
Digital Financial Inclusion – Kenya And Nigeria Case Studies
Digital financial services are both broadening and speeding up financial inclusion in many African countries – a…
UN Report Finds Migrants Face Violence
A new U.N. refugee agency report on migrants who braved long and often-deadly land routes to Libya has found that…
Panel Led By Ex-Irish President Clears Akinwumi Adesina Of All Allegations
Akinwumi Adesina, president of the Africa Development Bank, has been exonerated of all whistleblower allegations by…
Cryptocurrency Use In Africa ‘Growing Very Rapidly’, Says Exchange CEO
Crypto adoption in Africa is lead by Nigeria, South Africa, Kenya and Ghana
Crypto volume in Africa reached…
South Africa Bans Alcohol Sales Again To Combat Covid-19
South Africa has introduced new restrictions, including another ban on alcohol sales, to help contain the spread of…
Multi-Nationals Finally Recognise Value Of Local Currency Funding
Multi-National organisations, which have long relied on the US-dollar or euro-based funding when doing business in…
Zimbabwe Accuses ECONET Wireless Of Money Laundering
Zimbabwean police have accused the country’s largest telecom operator ECONET Wireless of money laundering.…
Coronavirus Lays Bare S.African’s Toxic Relationship With Alcohol
In few other countries in the world have COVID-19 and alcohol consumption become so dangerously intertwined.
With…
In Nigeria, African Researchers Blaze A Trail In Virus Fight
At the time, Africa was almost literally the country cousin in terms of its status in world research, and Happi…
South African Rand Firms As Dollar Wobble Lifts Emerging Currencies
South Africa’s rand firmed early on Monday, helped by increased risk appetite as investors bet again on a global…
29 Nigerians Stranded In Lebanon Successfully Evacuated
29 Nigerians who were initially stranded in Lebanon have been successfully evacuated to the country.
The…
Africa News Update
Ivory Coast Succession | Ivory Coast Prime Minister Amadou Gon Coulibaly died this week, throwing the ruling…
Africa Could Have COVID-19 Vaccine In Q1 If Human Trials Work – S.Africa…
Africa could have a COVID-19 vaccine in the first quarter of 2021 if human trials underway in South Africa succeed,…
Africa’s CDC Urges More COVID-19 Tests, Masks, As Continent’s Cases…
African countries urgently need to scale up coronavirus testing and the use of face masks, a regional disease…
African Economies Could Shrink 3.4% This Year, Rebound In 2021 -AfDB
Nigeria resumed domestic flights on Wednesday after a hiatus of around three months as Africa’s most…
Ghana Reopens Over 600 Nigerian Shops
The President of National Association of Nigerian Traders (NANTS), Dr. Ken Ukaoha, has said that over 600 shops…
Border Closure: 3m Jobs Lost As Tough Times Hit Communities
Barely 10 months after closing Nigeria’s land borders over alleged security breaches and abuse of international…
Pump Or Dump? With Oil In Decline, Africa Ponders Its Energy Future
As the COVID-19 pandemic bashes economies and demand for oil, many African nations dependent on exporting fossil…
Eco Common Currency And Gulf Between
If it goes according to schedule, the currency of the West African Economic and Monetary Union (UEMOA) since 1945,…
Nigeria, Other African Oil Exporters’ll Lose $34bn – IMF
The impact of the COVID-19 pandemic is estimated to cost Nigeria and other oil exporters in Africa a total of about…
Shops Of Nigerians In Ghana Will Remain Shut Until They Obey Rules—Ghana Trade…
e Ghana Union of Traders Association (GUTA) has reacted to claims made by some Nigerian traders who protested at…
Sending Money Within Africa: Here Are Reliable Platforms To Use
Although electronic mode of payments is becoming increasingly popular in sub-Saharan Africa, sending…