Africa Investments 

Nigeria: African Development Bank, First City Monument Bank sign agreement for $50 million line of credit to bolster access to finance for small,…

Nigeria: African Development Bank, First City Monument Bank sign agreement for $50 million line of credit to bolster access to finance for small, medium and women-owned businesses. | African Development Bank – Building today, a better Africa tomorrow /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie9- /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie10+ <!– African Development Bank Group Read More
Africa 

Tigray authorities accuse Ethiopia of drone strike against civilians

Tigrayan authorities accused Ethiopia’s government on Friday of carrying out a drone strike against civilians. The announcement was made less than 48 hours after the warring parties signed a deal to end two years of conflict. According to the spokesman for the rebel Tigray People’s Liberation Front (TPLF) the target of Thursday attack was the city of Maychew.  The attack… Read More
Africa 

Angolan artist Guilherme Mampuya: from attorney to Turner?

Combining African motifs with the flourishes of Dali, Dubuffet, and Picasso, Angolan artist, Guilherme Mampuya, is living his dream after he quit his job as a lawyer. Guilherme Mampuya, has established a distinctive style characterised by vibrant African colours, unique, intricate perspectives, and a truly Angolan character, becoming one of Africa’s most invigorating artists and most celebrated artists.  A world… Read More
Africa Investments 

Zimbabwe Open for Business, says President Mnangagwa

Zimbabwean President Dr Emerson Mnangagwa has called on investors to realize the massive investment opportunities in Zimbabwe and shun negative perceptions of risk. Zimbabwe, self-sufficient in food production and a major exporter of wheat, tobacco, and corn to the 14-member Southern African Development Community, to other African countries and the wider world before 2000, saw its exports plummet.  Before 2000,… Read More
Africa 

Ethiopia: Tigrayan residents welcome the peace agreement with caution

International authorities acclaimed the announcement of a peace agreement between the Ethiopian government and the Tigray rebels as it put an end to the two-year war that prevailed in the region. In the Tigrayan capital of Mekele the Tigray Defense Forces appeared to be very much in control especially at the airport the day after the peace agreement was signed… Read More
Africa 

Declining consumption, challenge for retail [Business Africa]

In this episode of Business Africa: CFAO consumer retail wants to double its stock in Africa by 2024, an opportunity to discuss the state of supermarkets in this inflationary context. in Cameroon, yam farmers in the Adamoua region are looking for modernity; in Kenya, urban agriculture is a solution to the problem of food shortages. The inflation of world food… Read More
Africa 

Tanzania says Mount Kilimanjaro fire largely contained

The fire burning on Mount Kilimanjaro for almost two weeks has been largely contained after hundreds of military personnel were deployed to help, Tanzania’s prime minister said Thursday (November 3). The blaze destroyed 33 square kilometers (nearly 13 square miles) on Africa’s tallest and most famous mountain, Prime Minister Kassim Majaliwa said. The fire started on Oct. 21 near the… Read More
Africa 

New UN report finds two-thirds of South Sudan’s population face hunger

Almost eight million people in South Sudan, or two-thirds of the troubled country’s population, are at risk of hunger according to a report published on Thursday by the United Nations. ‘The sad part that often we are not highlighting well, is the 1.4 million children that are malnourished. These are kids that, if the situation continues, their brain development could… Read More
Africa 

Senegalese opposition leader claims innocence in rape case

Senegal’s main opposition leader and presidential candidate, Ousmane Sonko, has claimed his innocence as he made his first court appearance in Dakar on Thursday to respond to accusations of rape. ‘He has, as you can imagine, contested the facts and has dismissed the accusation. He provided all the evidence of his innocence,’ said one of his lawyers, Bamba Cissé. The… Read More
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