African News
Malian parties reject junta's suspension of political activities
By: Reuters 12th April 2024 Malian political parties and civil society groups jointly rejected on Thursday the ruling junta's order to suspend political activities and vowed... →
Ethiopia faces tough devaluation decision to secure IMF bailout
By: Reuters 11th April 2024 Ethiopia may have to decide on a big currency devaluation sooner rather than later to secure a rescue loan from the International Monetary Fund,... →
Moderna puts Kenya plant plans on hold as Covid vaccine demand slumps
By: Reuters 11th April 2024 Moderna said on Thursday it had paused its plans to build a vaccine manufacturing facility in Kenya, following a post-pandemic decline in demand... →
US to make additional funding push in response to Sudan conflict
By: Reuters 11th April 2024 The US will make a push of more than a hundred million in additional funding to respond to the conflict in Sudan as Washington seeks to spur... →
Zimbabwe’s new currency strengthens on second day of trading
By: Bloomberg 9th April 2024 Zimbabwe’s new currency, the ZiG, strengthened a day after its debut, the central bank said. The currency gained 0.2% to 13.53 per US dollar,... →
IMF reaches staff-level deal with Ivory Coast, paving way for $574m disbursement
By: Reuters 9th April 2024 The International Monetary Fund on Monday said its staff reached agreement with authorities from Ivory Coast on a review of two lending programmes,... →
Zimbabwe's new ZiG currency starts trading, credibility doubts linger
By: Reuters 8th April 2024 Zimbabwe's new gold-backed currency started trading on Monday amid doubts that the country's third such re-launch in a decade will have any more... →
Sub-Saharan Africa growth not enough to dent poverty, says World Bank
By: Reuters 8th April 2024 Economic growth is set to rise for the next two years in sub-Saharan Africa, but not enough to make a significant dent in poverty on the continent,... →
