Africa Investments 

African Development Bank Group President wraps up three-day visit to the UAE

African Development Bank Group President Dr Akinwumi A. Adesina wrapped up an official visit to the United Arab Emirates on Friday. The three-day visit covered engagements in Dubai and Abu Dhabi. The visit—which took place alongside the World Government Summit and the closing days of Expo 2020 Dubai—explored potential partnerships for strategic investment in Africa between the African Development Bank… Read More
Africa 

Guinea: Ousted ruling party names Ibrahima Kassory Fofana as new leader

Guinea’s former prime minister and leader of the party of former President Alpha Condé has resumed duties of the leading the country’s opposition after been appointed as the head of a provisional body to lead his party. Ibrahima Kassory Fofana was on Thursday appointed as provisional coordinator of the RPG party until a congress. “When in May 2018, I decided… Read More
Africa Ghana West Africa World 

Ghana’s President assents to e-levy bill as panic withdrawals surge

– – Ghana’s President Nana Akufo-Addo has signed the country’s controversial Electronic Transaction Levy (E-Levy) bill into law paving way for its implementation. The country’s parliament on Tuesday passed the bill popularly referred to as E-levy to cover electronic transactions including mobile money transfers and payments. The passage in parliament though was done amid a walkout by opposition lawmakers who have… Read More
Africa 

African countries respond to global inflation [Business Africa]

In Africa, governments are stepping up their efforts to mitigate the impact of the Russia-Ukraine crisis on their citizens’ wallets. According to UNCTAD data, no less than 25 African countries import more than a third of their wheat from Russia and Ukraine; 15 import more than half and two countries, Benin and Somalia, import 100%. So how is Africa trying… Read More
Africa 

Tunisians react to President Saied’s dissolution of parliament

People on the streets of the Tunisian capital expressed distrust in their elected representatives Thursday, a day after the president dissolved parliament in a blow to the North African country’s young democracy. “The Tunisian parliament reminds me of football stadiums. Is that a parliament? It is a football stadium,” said Ali, the owner of a handicrafts shop. He accused the… Read More
Africa 

Kenya top court blocks president’s push for constitution change

Kenya’s top court ruled Thursday that President Uhuru Kenyatta’s bid to change the constitution was illegal, dealing a blow to him and his allies ahead of key elections in August. “The president cannot initiate constitutional amendments or changes through popular initiative under article 257 of the constitution,” six of the seven judges overseeing the case at the Supreme Court said,… Read More
Africa 

Angola to striking doctors: Forget your salaries

Angola announced on Thursday the suspension of salaries of striking doctors, who represent the vast majority of the profession in the country and have been demanding better working conditions for ten days. “We will not pay the salaries of the strikers,” said Labor Minister Teresa Dias at a press conference. Most of the country’s approximately 5,600 doctors joined the movement… Read More
Africa 

Protester killed as Sudanese rally against coup, hardship

A Sudanese protester was killed Thursday as thousands rallied against last year’s military coup and worsening living conditions, medics and an AFP correspondent said. “The military should go back to the barracks”, protesters in the capital Khartoum chanted. “Down with the government of hunger”, they added. A 23-year-old protester was killed after he took “a live bullet to the chest… Read More
Africa 

Zuma: Court rejects plea to delay corruption trial

South Africa’s judiciary has rejected former President Jacob Zuma’s appeals to further delay his corruption trial due to resume in April, the National Prosecuting Authority (NPA) said Thursday. “The NPA welcomes this ruling and will now work to ensure that the trial resumes on April 11, 2022,” it said in a statement. The 79-year-old former head of state is accused… Read More
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