Category: African Business
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Central African Republic latest to declare mpox outbreak
The Central African Republic has become the latest country in the region to declare an outbreak of the mpox virus. Infections have spread to the capital, Bangui, after being restricted to rural areas, health minister Pierre Somse said. He also told a local radio station that some families were hiding infected relatives due to…
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Angola announces ceasefire deal between DR Congo and Rwanda
Angola on Tuesday announced a ceasefire agreement between the Democratic Republic of Congo (DRC) and Rwanda. The deal follows a meeting between the foreign ministers of Rwanda and DRC hosted by Angolan President Joao Lourenco at the presidential palace in the capital, Luanda. Kinshasa has long accused Kigali of backing M23 rebels fighting the army…
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Tanzanian Govt Forcibly Removes Maasai from Ancestral Lands
The Tanzanian government is forcibly relocating Indigenous Maasai residents from their homes and ancestral lands in the Ngorongoro Conservation Area (NCA), according to a report by Human Rights Watch. The area has been home to the Maasai for generations. The 86-page report, “It’s Like Killing Culture,” details the Tanzanian government program that began in 2022…
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Niger: More than 600 billion CFA francs to revolutionize agriculture
The $1 billion program to modernize the agricultural and livestock sectors was officially launched on July 29 in the presence of Prime Minister Ali Mahamane Lamine Zeine. The project aims to✔️ ensure food security,✔️ ensure resilience to climate risks,✔️ increase agricultural productivity. Zeine stressed that the plan, the first of its kind, “is a challenge…
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Ethiopia secures $1.5 billion loan from World Bank support for ongoing economic reforms
The agreement, announced on Tuesday, includes a $1 billion grant and a $500 million loan, representing a significant step in the long-standing partnership between Ethiopia and the World Bank, according to the finance ministry. The deal was signed by Ethiopian Finance Minister Ato Ahmed Shide and Maryam Salim, World Bank Country Director for Ethiopia, Eritrea,…
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Guinea’s transitional authorities propose new constitution with presidential term limits
The draft, which is expected to be put to a referendum, outlines a five-year presidential term with a single renewal, a reduction from the six-year term established in the 2020 constitution. The proposed constitution would also introduce an age limit, rendering former 86-year-old President Alpha Conde ineligible for office. Conde was removed from office in…
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Liberia: Top Officials of former Weah-Taylor Administration Charged with Economic Sabotage, Three Sent To Jail
Monrovia – What the Weah-Taylor administration failed to do upon taking over the mantle of leadership in 2018 is exactly what President Joseph Boakai is doing now. It was a rude awakening for many Liberians – especially those from both sides of the aisle (Unity Party and Coalition for Democratic Change) when several top former…
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Militarization going full throttle: what’s behind the Pentagon’s Japan command upgrade?
The Pentagon has announced it will upgrade its command in Japan, providing it with more warfighting responsibilities, following the US-Japan security meeting that took place in Tokyo on July 28. The gathering named Russia, China and North Korea as “security challenges”, prompting a rebuke from China that warned Japan and US against “creating imaginary enemies”.…
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Scientists: a deadly gas cloud may form in Africa over Lake Kivu
Lake Kivu, one of the Great African Lakes, located between DR Congo and Rwanda, is saturated with carbon dioxide and methane at depth. This poses the risk of an explosion and the formation of a toxic gas cloud, similar to what happened with lakes Nyos and Monoun in Cameroon, killing almost 1,800 people. The researchers…
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Egypt Stresses Importance of Supporting Lebanon amid Escalating Tensions with Israel
Egypt stressed the importance of supporting Lebanon and “sparing it the scourge of war”, the country’s foreign ministry said on Sunday, Reuters reported. This came amid escalating tensions between Israel and the Iran-aligned Lebanese Hezbollah group. Cairo, a mediator in the ongoing Gaza war, also warned of the dangers of opening new war front with…
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