Nigeria to launch eNaira digital currency
Abuja – Nigeria’s president Muhammadu Buhari will officially launch the country’s eNaira digital currency on Monday, the central bank... Read more
24 Oct
Fuel shortages block food aid in famine-threatened Tigray, says UN
Addis Ababa – Fuel shortages have forced some aid groups to suspend food distribution in Ethiopia’s war-hit Tigray region,... Read more
22 Oct
Mozambique lauds Credit Suisse guilty plea in debt scandal
Maputo – Mozambique welcomed on Thursday an admission of misconduct by Credit Suisse, which agreed to pay a fine in... Read more
22 Oct
IMF sees Africa lagging in rebound from pandemic blow
Abidjan – The International Monetary Fund on Thursday forecast that Africa’s economic rebound from pandemic-induced shrinkage would be weaker than... Read more
21 Oct
South Africa’s ‘youngest millionaire’ arrested over fraud allegations
Johannesburg – High-flying cryptocurrency trader and self-proclaimed millionaire Sandile Shezi has been arrested on allegations of fraud. Reports indicated... Read more
21 Oct
Helium: South Africa strikes new ‘gold’
Virginia – In a grassy plain in South Africa, once the world’s largest gold producer, prospectors have stumbled upon... Read more
20 Oct
East Sudan protests snarl trade, deepen economic woes
Port Sudan – Hundreds of trucks packed with goods stand idle in Port Sudan, dozens of container ships lie... Read more
20 Oct
Tunisia in bailout talks with Gulf powerhouses, says central banker
Tunis – Tunisia is in talks with Gulf powerhouses Saudi Arabia and the United Arab Emirates for funding to... Read more
19 Oct
Ethiopian Airlines partners with South Africa’s Airlink
Johannesburg – Ethiopian Airlines has entered an agreement to share flight routes with regional South African carrier Airlink, as the... Read more
16 Oct
NGOs sound alarm over pandemic-induced budget cuts in West Africa
Dakar – Oxfam and Development Finance International warned on Thursday that West African governments risk creating the “worst economic crisis... Read more
14 Oct
