Africa Business East Africa World 

Kenyans petition IMF not to give the government loans

– – Kenyans are signing an online petition to ask the International Monetary Fund (IMF) not to give the government any more loans. Through the hashtag #StopLoaningKenya, Kenyans have circulated the online petition link which cites corruption and other reasons why no more lending should occur. The development follows the IMF’s approval of 257bn Kenyan shillings ($2.4bn) loan for Kenya to… Read More
Africa Business World 

AfCTFA: Why Africa needs robust fraud management system

– – Emmanuel Obinne, West Africa Head of Growth and Partnerships at BPC Banking Technologies is advocating for a robust payment system for trade under the African Continental Free Trade Area. This according to him is crucial in averting any attempt by fraudsters to take advantage of loopholes in the various payment systems. He was speaking in an interview on… Read More
Development Health Advice 

Clarity still needed on effectiveness of COVID-19 vaccine passports, says UN health agency

“At this stage, we would not like to see vaccination passports as a requirement for entry or exit because we are not sure at this stage that the vaccine prevents transmissions,” said WHO spokesperson Dr Margaret Harris, just ahead of World Health Day on 7 April 2021. Supply and demand Dr. Harris added that vaccine passports may not be an… Read More
Africa Investments 

Egypt: The African Development Bank extends €145 million loan to bolster railway safety and reliability

The Board of Directors of the African Development Bank has approved a loan of €145 million to finance reliability and performance upgrades to the country’s rail system under the Egypt National Railways Modernization Project (ENRMP). The funding will be used to enhance operational safety and to increase network capacity on national rail lines. Dr. Rania A. Al-Mashat, Egypt’s Minister of… Read More
Africa Investments 

Africa Information Highway (AIH) Live Exchange #Session 5

What: Africa Information Highway Live Exchange 5 Who: African Development Bank, Open Data Watch and partners When: Wednesday, 14 April 2021, 12.00-13:45 GMT Where: Virtual This session will provide an opportunity to learn about international open data rankings and how African countries can improve their positions. It will provide participants with clear and specific guidance on leveraging the power of… Read More
Development Health Advice 

COVID-19 lays bare social inequality says UN chief, as COVAX doses top 36 million

Highlighting the inequalities and injustices that have been apparent throughout the pandemic, Secretary-General António Guterres said in his message for the day to be marked on Wednesday, that the vast majority of vaccine doses administered so far, have been confined to “a few wealthy countries” or those producing the shots cleared for distribution. “Within countries, illness and death from COVID-19 has… Read More
Development Health Advice 

How can we vaccinate the world? Five challenges facing the UN-backed COVAX programme

Vaccines are a key part of the solution to ending the COVID-19 pandemic and, since the early stages of the crisis, the World Health Organization (WHO) has argued that there needed to be coordinated attention given to ensuring that everyone, not just people living in rich countries, would receive adequate protection from the virus, as it spread rapidly across the… Read More
Development Health Advice 

Secretary-General welcomes US decision to lift sanctions against ICC officials

President Joseph Biden on Friday revoked a Trump-era executive order issued after the ICC announced it was investigating alleged war crimes committed by all sides in the war in Afghanistan, including the US. Executive Order 13928 of 11 June 2020 imposed economic sanctions against ICC Prosecutor Fatou Bensouda and the Head of the Jurisdiction, Complementarity and Cooperation Division, Phakiso Mochochoko. … Read More
Africa Business Nigeria News and Headlines West Africa World 

Nigerian banks block MTN from banking channels

– – Nigerian banks have blocked MTN from their banking channels following a feud over fees charged for the service. MTN had reduced the banks’ commission from an average of 3.5 per cent to 2.5 per cent using USSD for banking services. The feud has left millions of subscribers unable to recharge their phones using the USSD services on MTN… Read More
Africa Investments 

Bénin : démarrage du projet d’appui au développement de la filière anacarde et de l’entreprenariat agricole financé par la Banque africaine de…

Le ministre de l’Agriculture, de l’Elevage et de la Pêche (MAEP) du Bénin, M. Gaston Cossi Dossouhoui, a procédé, le 19 mars dernier à Dassa (centre-sud du Bénin), au lancement des activités relatives au Projet d’appui au développement de la filière anacarde et de l’entreprenariat agricole. C’est un projet financé à hauteur de 18,6 millions de dollars américains par la… Read More
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