RUTH OLUROUNBI Nigeria says it sees “immediate” multi-billion-dollar investment flows from Saudi Arabia after it signed an agreement with the kingdom to establish a business council that could see the middle eastern nation funding several sectors of the West African country, including agriculture, oil and gas, energy, telecommunications and technologies. The two nations agreed to […]
Nov 28 2023 | Posted in
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FRANCIS KOKUTSE Delegates at a reparations summit in Ghana agreed Thursday November 16 to establish a Global Reparation Fund to push for overdue compensation for millions of Africans enslaved centuries ago during the trans-Atlantic slave trade. The Accra Reparation Conference adds to the growing demands for reparations after about 12 million Africans were forcefully taken […]
Nov 28 2023 | Posted in
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KITSEPILE NYATHI CHINA on Thursday October 26, handed over to Zimbabwe a new $100 million parliament building that Harare says is a symbol of deepening relations between the two countries. The imposing structure on the outskirts of the capital Harare was built on a space of 33000 square meters and comprises a six-story office complex […]
Nov 12 2023 | Posted in
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Nigeria’s lawmakers on Thursday November 2, approved the new government’s first supplemental budget, which includes huge allocations for SUVs and houses for the president, his wife and other public officials, sparking anger and criticism from citizens in one of the world’s poorest countries. In the budget presented to lawmakers to supplement the country’s expenditures for […]
Nov 12 2023 | Posted in
African News |
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MOISE M. BAHATI African governments have been urged to fast-track the implementation of the African Continental Free Trade Area (AfCFTA) in order to solve food security issues that affect more than 20 per cent of the continent’s 1.4 billion people. The faster implementation of the AfCFTA and supporting the agricultural value chain are two of […]
Oct 13 2023 | Posted in
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KITSEPILE NYATHI Zimbabwe has introduced a new gold-backed digital currency as it battles to stop re-dollarization, which President Emmerson Mnangagwa’s government fears will spell doom for the country’s fragile economy. The country’s central bank said the digital tokens, also known as Zimbabwe Gold (ZiG), that are dominated in milligrams, can be used by both individuals […]
Oct 13 2023 | Posted in
African News |
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This is part of efforts to mitigate the mass exodus of health workers to developed countries, which has led to an acute shortage of health professionals in the nation’s health sector. NIKE ADEBOWALE-TAMBE The Nigerian government has approved the appointment of doctors, nurses, and other clinical healthcare workers as contract staff after attaining their compulsory […]
Oct 13 2023 | Posted in
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JON HAMILTON A global effort to make genetic studies more diverse has led to a discovery about Parkinson’s disease, a common brain disorder that can impair a person’s ability to move and speak. A team that included scientists from Lagos, London and the U.S. found a previously unknown gene variant that can nearly quadruple the […]
Oct 13 2023 | Posted in
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ANTHONY KITIMO Kenya has revived the process of leasing its key ports to bolster competitiveness of its maritime sector in order to generate at least $10 billion annually by 2030. Kenya has placed bids to lease sections of Mombasa and Lamu ports to private operators, with landlord-type port management system expected to take place in what […]
Sep 27 2023 | Posted in
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The Sahel nation signed a pact that will allow them to cooperate against threats of armed rebellion or external aggression. Mali, Burkina Faso and Niger have signed a mutual defense pact, as the three Sahel countries aim to help each other against possible threats of armed rebellion or external aggression. The charter, known as the […]
Sep 27 2023 | Posted in
African News |
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