Africa Business East Africa World 

Kenya Airways strike disrupts flights as passengers get stranded

– – Thousands of flights have been disrupted and passengers stranded following pilots strike at Kenya Airways. Kenya airways is one of Africa’s biggest carriers but has been facing some challenges forcing Saturday’s strike, despite the government urging them to call it off. The pilots union have called the strike over a dispute on pensions contributions and settlement of deferred… Read More
Africa 

This is why Abiy Ahmed is happy about the Tigray peace deal

Ethiopia’s Prime Minister Abiy Ahmed says he has achieved “100%” of what his government demanded in a deal signed Wednesday with rebel authorities in the Tigray region to end two years of conflict in northern Ethiopia. The agreement, reached in Pretoria where the two parties have been discussing since 25 October under the aegis of the African Union, provides for… Read More
Africa 

Controversial Nigerian socialite Hushpuppi sentenced 11 years in prison by US court

Popular Instagram celebrity, Ramon Abbas AKA Hushpuppi has been sentenced to 11 years imprisonment by the United States Central District Court in California for fraud and money laundering. Recall that Hushpuppi was arrested in June 2020 in Dubai over an extensive fraud scheme that has robbed victims of their money in the U.S, Qatar, the United Kingdom, and other places.… Read More
Africa 

Kenya’s drought wreaks havoc on wildlife, kills over 200 elephants

Kenya’s worst drought in four decades is wreaking havoc on wildlife. The Wildlife minister presented Friday (Nov 4) key findings of a new report entitled the ‘Impacts of the current drought on wildlife in Kenya’. The crisis has affected nearly half of the east African nation’s 8 provinces, leaving humans and beasts very few food sources. Speaking at a press conference… Read More
Africa 

Succession a taboo topic as Cameroon’s Paul Biya marks 40 years in power

Cameroon’s president, Paul Biya, on Sunday will mark 40 years in power, making him the second-longest ruling leader in Africa after Equatorial Guinea’s Teodoro Obiang Nguema Mbasogo, who seized power in 1979. The 89-year-old is also believed to be one of the world’s oldest rulers, and his increasingly rare appearances in public has stoked concerns over his health. But any… Read More
Africa Investments 

KEIZAI DOYUKAI, African Development Bank Group sign letter of intent to strengthen cooperation and business ties between Japan and Africa

KEIZAI DOYUKAI, or the Japan Association of Corporate Executives today signed a statement of intent with the African Development Bank Group to foster closer collaboration and to strengthen business ties between Japan and Africa. The signing took place on the sidelines of the Africa Investment Forum Market Days 2022, taking place in Abidjan, Côte d’Ivoire. The DOYUKAI, a private, nonprofit,… Read More
Africa Investments 

Africa Investment Forum 2022: Before exporting its gas, Africa should meet its own needs

Africa should satisfy its own natural gas needs first before considering exports in the wake of the growing interest among European countries, which is linked to the Russian-Ukraine war, experts have cautioned.   These were the viewpoints at the end of the parallel session of the Africa Investment Forum 2022 Market Days held in Abidjan, Côte d’Ivoire, from 2 to… Read More
Africa 

Kenya reinstates members of its scandal-hit national football federation

Kenya has reinstated members of its scandal-hit national football federation a year after the body was disbanded over corruption allegations. But the country’s new Sports Minister, Ababu Namwamba, warned its former chief, Nick Mwenda – who is facing corruption charges – that he could not return to work until legal proceedings against him are completed. The Football Kenya Federation was… Read More
Africa 

World climate summit to get underway in Egypt against backdrop of war in Ukraine

Last minute preparation are underway in Egypt’s seaside resort of Sharm el-Sheikh as it prepares to welcome delegates to this year’s United Nations Climate Conference, COP27. Some 30,000 people representing governments, businesses, NGOs, and civil society groups are registered to attend the meeting which gets underway on Sunday. This year’s gathering is taking place against the backdrop of Russia’s invasion… Read More
Africa Investments 

Africa Investment Forum: African investors asked to mobilize more for infrastructure in Africa

At the November 2 opening of the 2022 Africa Investment Forum, panelists called on African investors to increase financing for African infrastructure to make the sector attractive to foreign investors. The panel, “Mobilizing financial capital: What investment model will attract world capital to Africa?” featured representatives of the African private sector. They included Charles Kié, CEO of Genesis Holdings; Vincent Le… Read More
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