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Africa - Page 63

Uganda Defence Chief Orders Ministers to Seek Clearance Before Foreign Travel

September 26, 2026

Uganda’s Chief of Defence Forces Gen. Muhoozi Kainerugaba said on Saturday that all ministers must notify him and obtain his clearance before travelling abroad, after questioning Hon. Haruna Kyeyune Kasolo, Minister of

Africa·Business News·Insights

Ruto Signals Deeper AFC Role in Kenya’s Lamu Refinery Push

September 26, 2026

Kenya has increased its shareholding in the Africa Finance Corporation (AFC) by $25 million (3.25 billion shillings), President William Ruto said on Saturday during a visit to the pan-African lender’s headquarters in

Africa

Rwanda Set To Host Shelter Afrique Development Bank’s 43rd AGM In June 2024

Rwanda will host Shelter Afrique Development Bank (ShafDB)’s 43rd Annual General Meeting (AGM) scheduled for June in Kigali, according to the company’s management.

April 23, 2024

Africa·Business News·News·World News

World Bank, AfDB Partner To Provide Electricity For 300 Million Africans By 2030

The World Bank and the African Development Bank (AfDB) have joined forces with a mission: to light up Africa. They aim to ensure electricity access for 300 million Africans by 2030. This initiative, announced during the World Bank’s Spring Meetings in Washington

April 18, 2024

Africa·Business News·News·World News

OPEC Woos Namibia As African Nation Aims For Oil Production By  2030

The Organization of Petroleum Exporting Countries (OPEC) is eyeing Namibia as a potential addition to its ranks following significant oil discoveries within the country’s borders. With Angola and other key players slipping away, OPEC sees Namibia’s burgeoning oil industry as a strategic

April 16, 2024

Amnesty International Tasks Nigerian Govt on Safe Return Of Chibok Girls

Africa

Amnesty Int’l Tasks Nigerian Govt On Safe Return Of Remaining 92 Chibok Girls

Amnesty International has called on Nigerian authorities to make maximum efforts to ensure that the remaining 92 out of 276 c students abducted in Chibok, Born State on 17 April 2014. Amnesty International made the call in a statement marking the 10th

April 14, 2024

Africa·News·Sports

Zambia Army Promotes Women’s National Team Captain For Olympics Ticket

The Zambia Army have promoted Copper Queens captain, Barbara Banda to the rank of Staff Sergeant for leading her country to the 2024 Olympics in Paris.

April 14, 2024

Africa·News·World News

Why 55 Million People In West, Central Africa Will Struggle To Feed In 2024- Report

A grave situation is unfolding in West and Central Africa, where nearly 55 million people are on the brink of hunger during the June-August lean season, as per the March 2024 Cadre Harmonisé food security analysis. This represents a significant increase of

April 13, 2024

Global Trade To Surge By 2.3% In 2024 - World Bank

Africa·Business News·News

Why Nigeria’s Poor Growth Will Weaken West Africa’s Economy– World Bank

The World Bank forecasts subdued growth in Nigeria, dampening economic prospects for the broader Western and Central Africa region. In its report, the World Bank noted that Nigeria’s lower-than-average growth would impede the subregion’s economic performance. “In AFW, economic activity is set

April 12, 2024

Forex Crisis Costs Nigeria Over $500m Annually, Importers Warn

Africa·Business News·Markets·News

Forex Policies Hindering Intra-African Trade, Says Transborder Traders Association

Nasiru Salami, the president of the Transborder Traders Association, voiced concerns about the impact of Nigeria’s forex policies on cross-border trade within Africa. Salami highlighted the challenges faced by small and medium enterprises (SMEs), emphasizing the difficulties encountered in repatriating export proceeds

April 11, 2024

Fuel Subsidy: World Bank Must Allow Africa’s Poor Breathe

Africa·Business News·News·World News

World Bank: Trade Cost In Africa 5 Times Higher Than United States, Cites Insecurity, Poor Infrastructure, Others As Causes

The World Bank highlighted disparities in trade costs across African countries compared to the United States. According to the report, trade expenses in nations like Nigeria and Ethiopia are four to five times greater than those in the US. The reasons cited

April 9, 2024

Africa·Business News·News

Nigeria To Receive $1bn Afreximbank Loan In May For Bolstering Economy

Nigeria is gearing up to receive a significant financial injection of $1.05 billion from Afreximbank, set to be unleashed next month. This syndicated loan, intricately linked to the nation’s oil reserves, aims to breathe new life into Nigeria’s economy, which has been

April 9, 2024

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India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

India and New Zealand’s free trade agreement (FTA) will take

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Shareholders in Nigeria’s industrial goods sector recorded massive returns in

Naira Weakens Against Dollar, Gains On Pound, Euro In Official Market

On Thursday, the official foreign exchange (FX) rate for the

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Africa - Page 63

Uganda Defence Chief Orders Ministers to Seek Clearance Before Foreign Travel

Ruto Signals Deeper AFC Role in Kenya’s Lamu Refinery Push

Rwanda Set To Host Shelter Afrique Development Bank’s 43rd AGM In June 2024

World Bank, AfDB Partner To Provide Electricity For 300 Million Africans By 2030

OPEC Woos Namibia As African Nation Aims For Oil Production By  2030

Amnesty Int’l Tasks Nigerian Govt On Safe Return Of Remaining 92 Chibok Girls

Zambia Army Promotes Women’s National Team Captain For Olympics Ticket

Why 55 Million People In West, Central Africa Will Struggle To Feed In 2024- Report

Why Nigeria’s Poor Growth Will Weaken West Africa’s Economy– World Bank

Forex Policies Hindering Intra-African Trade, Says Transborder Traders Association

World Bank: Trade Cost In Africa 5 Times Higher Than United States, Cites Insecurity, Poor Infrastructure, Others As Causes

Nigeria To Receive $1bn Afreximbank Loan In May For Bolstering Economy

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Africa - Page 63

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