Africa 

Nigeria, DR Congo migrants clash in overcrowded reception centre in Cyprus

Cypriot police fired tear gas Friday after a fire broke out in an overcrowded migrant reception centre amid clashes sparked by an argument between different nationalities, officers said. One person needed hospital treatment after being injured at the Pournara camp for migrants, on the edge of the capital Nicosia. People hurled rocks and objects at each other, forcing many to… Read More
Africa 

Cricket: Zimbabwe beats Pakistan in latest upset at ICC Men’s T20 World Cup

The ICC Men’s T20 World Cup is in full swing. Zimbabwe held its nerve for a 1-run victory over Pakistan in the latest upset at the tournament in Australia, Thursday (Oct 27). Three games in Group 2 took place Thursday with South Africa crushing Bangladesh by 104 runs. Rilee Rossouw posted the first century of the tournament. Pakistan’s brittle middle-order batters… Read More
Africa Investments 

Africa Investment Forum: Lusophone Compact continues to drive private sector investment in Africa

The Lusophone Compact is one of many successes that have emerged from the innovative Africa Investment Forum. The compact is a financing platform that provides risk mitigation, financing products and technical assistance to accelerate development of the private sector in Africa’s Portuguese-speaking countries. The African Development Bank, the government of Portugal and six Portuguese speaking African countries—Angola, Cabo Verde, Equatorial… Read More
Africa 

Africa: air pollution a “silent killer” in cities – study

A study released on Thursday found that air pollution in African cities is growing rapidly and is more deadly than feared, but green solutions could save tens of thousands of lives. “Air pollution (in African cities) is high and rising, it’s rising quite rapidly,” said Desmond Appiah, the Ghanaian director of the Clean Air Fund, the British NGO that published… Read More
Africa 

South African-born Elon Musk buys Twitter for US$44b, fires top executives

Elon Musk became Twitter’s owner on Thursday, firing top executives and providing little clarity over how he will achieve his ambitions for the influential social media platform. “The bird is freed,” he tweeted, referencing Twitter’s bird logo in an apparent nod to his desire to see the company have fewer limits on content that can be posted. The CEO of… Read More
Africa Business World 

Opinion: The fall of the Euro, a boon for investors

– – For the first time in two decades, the US dollar and the Euro hit parity in July 2022. The currency, shared by 19 European countries, has slumped more than 11 per cent since the beginning of this year. But the weakened Euro holds great economic significance for businesses as well as individuals, especially those earning and spending in… Read More
Africa Business World 

Elon Musk completes Twitter takeover in $44bn deal

Chief financial officer Ned Segal, and the firm’s top legal and policy executive, Vijaya Gadde, are leaving alongside Mr Agrawal, according to US media reports. – – The completion of the deal brings to an end months of legal wrangling, but the deal has prompted questions over the platform’s future direction. The CEO of electric car maker Tesla Inc has… Read More
Africa East Africa World 

Tanzania: Water rationing begins due to drought

– – Tanzanian authorities have started rationing water in the economic capital Dar es Salaam due to prevailing drought. The rationing which started on Thursday was after water levels dropped in its main source, the Ruvu River, dried up. Residents in the city have been struggling to access water and would now be without running water for 24 hours on… Read More
Africa Investments 

Côte d'Ivoire: Road users eagerly anticipate relief as African Development Bank financed ‘4th Abidjan Bridge’ nears completion

This majestic structure, laid out on the right flank of the Attécoubé commune in central Abidjan, is gradually taking shape and its future users can now see it from a good distance. The “fourth bridge” of the Ivorian economic capital, currently under construction, is more than halfway complete, barely three years after its 2018 launch.  When completed, the bridge should… Read More
Africa 

DR Congo army clashes with M23 rebels around strategic eastern highway

Troops clashed with M23 rebels around a strategic highway in eastern Democratic Republic of Congo on Thursday, sources said, following a recent flare-up between the two sides. A mostly Congolese Tutsi group, the M23 resumed fighting in late 2021 after lying dormant for years. It has since captured swathes of territory in North Kivu province, including the strategic town of… Read More
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