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Africa
Killing Of Ethiopian Singer Sparks Protests In Capital City
Youths enraged by the killing of a popular protest singer burned tyres during demonstrations in Ethiopia’s capital…
Wealthy Africans Shopping For Foreign Passports
A Nigerian passport, says Karo Agono, a Nigerian businessman, raises all sorts of “red flags”. For 15…
South Africa’s Budget Deficit To Widen To 14.6% Of GDP
South Africa’s budget deficit is projected to widen sharply while debt is seen ballooning significantly, the…
IMF, Sudan Reach Agreement On Macroeconomic Policies Structural Reforms
International Monetary Fund (IMF) staff and Sudan have reached agreement on macroeconomic policies structural…
Banks Warn Debt Forgiveness Will Hurt, Not Help Africa
Scrapping the debt of heavily indebted African nations will only come back to haunt them, according to two of the…
ECOWAS Endorse Okonjo-Iweala As DG Of The World Trade Organization
The West African Regional political and economic block, the Economic Community of West African States (ECOWAS), has…
S&P Global Affirms AfDB’s AAA Rating, Projects Stable Outlook
S&P Global. a rating agency, has affirmed its ‘AAA/A-1+’ long- and short-term issuer credit assessment of the…
Coronavirus: AfDB Forecast $88.3 Billion Drop In Africa’s GDP
The African Development Bank (AfDB) has projected that the ongoing Coronavirus (COVID-19) pandemic ravaging…
AfDB Vice-President, Blanke, Resigns
The Vice President for Agriculture, Human and Social Development at the African Development Bank, Dr Jennifer…
Sudan Committee Seizes Bashir’s Bank Account, Closes FX Bureaus
A Sudanese anti-corruption committee said on Tuesday it had confiscated a bank account belonging to ousted…
The South African Rand Leads African Currency Resurgence
The South African rand hit an 11-week high on Monday morning following a broad rally in African currencies last…
S.African Airlines Look To Restart Operations, Believes Recovery Could Take Three…
Two of South Africa’s biggest private airlines will start flying between local airports this month after the…
South African Shoppers Stock Up On Booze As Sales Resume
South African shoppers filled trolleys with cases of beer and cider and bottles of whiskey and wine on Monday as…
South Africa’s Credit Growth Slows To 7.37% Year On Year In April
Growth in private sector credit in South Africa in April slowed to 7.37% year on year from a revised 7.75% in…
Sudan Recovers $4 Billion of Assets From Ex-President Bashir
Sudan has confiscated assets valued at $4 billion from former President Omar al-Bashir, his family members and…
UK Contributes £20m To Africa’s Anti-COVID-19 Fund
United Kingdom on Thursday said it would be investing up to 20 million Pounds in the African Union’s new ‘Africa…
Coronavirus: How African Firms Are Being Impacted By The Lockdown
Although the transmission rate for coronavirus in Africa has so far been much slower than in Europe, the economic…
Kenya And Uganda Hit By Power Blackout
Kenya and Uganda were hit by a power blackout on Saturday, and Kenya Power said the outage on Kenya’s grid was…
South African MPs’ Zoom Meeting Hacked With Porn
A virtual meeting held by a South African parliamentary committee has been hacked and the speaker abused.
The…
South African Business Calls For Accelerated Restart of Economy
South Africa’s biggest business grouping urged the government to accelerate its phased approach to restarting the…
Digital Purchases To Be Taxed At 1.5% In Kenya
Kenya plans a 1.5% digital tax on the value of online transactions, according to proposals in the Finance Bill…
Coronavirus: Why Are Some African States Easing Lockdowns?
African countries have fewer coronavirus cases than much of the world, but weaker healthcare systems do put the…
Madagascar To Start Trials For Coronavirus Herbal Treatment
Madagascar's president has said that the country will begin clinical trials for an artemisia-based herbal remedy,…
IMF Approves $91 Million Loan To Malawi For COVID-19 Trade Balance Woes
The International Monetary Fund (IMF) has approved a $91 million loan for Malawi to help fund a balance of payments…
South Africa Seeking $5 Billion From Multilateral Lenders To Fight Virus
South Africa is seeking 95 billion rand ($4.99 billion) from multilateral lenders to help it fight the COVID-19…
South Africa To Ease Virus Lockdown In Bid To Revive Economy
South Africa’s government will begin easing a lockdown that has devastated the economy from next month, and…
ECOWAS Appoints Buhari To Coordinate Fight Against COVID-19 In Africa Sub-region
Member countries of the Economic Community of West African States (ECOWAS) have appointed Nigeria President…
Ethiopian Airlines’ CEO Says The Airline Is ‘Fighting For…
Ethiopian Airlines CEO Tewolde Gebremariam told an aviation conference in Addis Ababa the coronavirus pandemic was…
South Africa’s Rand Opens Weaker As Fear Of Economic Contraction Grows
The South African rand opened weaker on Monday, mirroring moves elsewhere in emerging markets as fears over global…
AfDB Denies Funding Pipeline Project
The African Development Bank (AfDB) has described as inaccurate news article stating it plans to provide financial…