Tag: Africaglobalvillage

The revival of African economies is the theme of the Forum organised by the French Council of Investors in Africa (CIAN) on Thursday in Paris. Before the onset of the COVID-19 pandemic, the six most dynamic economies in the world were African. But after over a year of health restrictions, countries that depend mainly on oil and tourism have paid… Read More

Nearly two weeks into the 42-day COVID-19 lockdown and around 600 vendors at Kampala’s largest market Nakasero are forced to stay overnight in makeshift cold cramped quarters. The traders try to get some sleep surrounded by their fresh produce — as they navigate the strict dusk-to-dawn curfew in the hopes of making a living through the coming weeks. A cold… Read More

160 kilometres away from South Africa’s Johannesburg, there is a place in Lesotho almost entirely populated by women and children after they were left behind by their husbands and brothers. This place with no men in Lesotho is called the Thaba-Tseka district, “ No man’s land”. The men left home to go and work in clandestine mines in South Africa,… Read More

South Africa’s top court on Thursday cleared President Cyril Ramaphosa of lying to parliament about a donation to his 2017 election campaign, quashing a critical report by the country’s ombudswoman. Known in South Africa as the public protector, Busisiwe Mkhwebane in 2019 determined that Ramaphosa had deliberately misled the National Assembly in his answer to a question posed by an… Read More

The street of the Eswatinian capital city of Mbabane was quiet Thursday, as people had to queue for groceries in the few shops that were opened, amateur footage from AFP shows. The Southern African nation has in recent days been rocked by protests, which had been relatively low for weeks. Protesters are demanding democratic reforms in Africa’s last absolute monarchy… Read More

Ten people were killed on Wednesday night in the Rwangoma neighbourhood southeast of Beni, North Kivu province in the eastern Democratic Republic of Congo. The Congolese army said the killing occurred in an attack by the Allied Democratic Forces, an armed group believed by some — as per United States’ intel, to be affiliated with the jihadist Islamic State organisation.… Read More

Nigeria’s oil sector reform bill, expected since 2008, was finally passed by parliament on Thursday, a “historic moment” for Africa’s top oil producer which has seen this natural resource exploited by foreign companies without any benefit to the local communities or maximizing its own revenues. Parliament voted to approve the long-delayed oil and gas law that aims to attract new… Read More

Small and Medium Scale Enterprises comprise the majority of businesses globally, the World Bank says. They account for around 90% of businesses and over 50% of employment globally. SMEs play crucial roles in job creation and global economic development. However, the lender notes that access to finance is a key constraint for growth of SMEs. Lack of access to financing… Read More

Although France officially declared the end of the military presence of its seven-year Barkhane operation in Africa’s Sahel region — decreasing its over 5,000 troops in the coming months, it appears that its forces are still being confronted by further Islamist extremist threats. The same violence linked to al-Qaida and the Islamic State in the Sahel that saw the international… Read More

The World Bank has approved that 12.5 million US dollars be granted to the Republic of Congo in order to acquire COVID-19 vaccines and reinforce the awareness of the benefits of its vaccination campaign. Good news for the central African nation whose coronavirus epicentre is in Pointe Noire, as its vaccine rollout had been hindered by a lack of second… Read More