African News
Zimbabwe aims to use FDI to develop a competitive economy by 2030
By: Schalk Burger 7th May 2024 Zimbabwe held an investment conference on May 2 and 3 in South Africa during which its officials explained that the country of 16-million people... →
Putin sworn in for new term amid growing conflict with the West
By: Bloomberg 7th May 2024 Vladimir Putin, who’s ruled Russia for the whole of the 21st century so far, was sworn in for a fifth term as president, amid renewed nuclear... →
NamPower grid-strengthening and battery storage project secures $138.5m World Bank backing
By: Terence Creamer 7th May 2024 The World Bank has approved a $138.5-million finance package to support the integration of renewable energy into Namibia’s electricity system by... →
Nigeria to charge levy on domestic transfers to fund cybersecurity
By: Reuters 7th May 2024 Nigeria's central bank plans to charge a levy on domestic money transfers to help fund cybersecurity, it said. In a circular published late on... →
Mozambique's ruling party announces Chapo as presidential candidate
By: Reuters 6th May 2024 Mozambique's ruling FRELIMO party has announced Daniel Chapo will be its presidential candidate in an election scheduled for October. FRELIMO has... →
Nigeria cuts back electricity sales to overseas customers to boost domestic supply
By: Reuters 6th May 2024 Nigeria's electricity regulator has ordered the grid operator to cut back supplies to customers overseas to boost domestic supply. In a directive... →
Chad votes in first Sahel presidential poll since wave of coups
By: Reuters 6th May 2024 Chadians lined up on Monday to vote three years after military leader Mahamat Idris Deby seized power, in the first presidential election in... →
Kwacha extends slump as drought worsens Zambia’s economic woes
By: Bloomberg 3rd May 2024 Zambia’s currency weakened against the dollar for an 18th successive day, cementing its position as the worst performer in emerging markets since... →
