Africa 

Nigeria lets market set currency exchange rate to stabilize economy, woo investors

Nigeria´s central bank has ended its distorted foreign exchange rate, a move the new government in Africa´s biggest economy hopes will help woo investors and stabilize the local currency. The announcement Wednesday from the Central Bank of Nigeria led to a record fall in the value of the naira currency to 755 per U.S. dollar. It has since recovered some.… Read More
Africa 

South Africa’s Ramaphosa headed to Ukraine, Russia for peace mission

South Africa’s presidency said Thursday (June 15) that President Cyril Ramaphosa had today, travelled to Poland, en route to Ukraine and the Russian Federation as part of his participation in the African Peace Mission aimed at a peaceful resolution of the conflict between Ukraine and Russia. On Thursday afternoon he visited the Polish capital to pay a courtesy call on… Read More
Africa 

2023 AFCON qualifier: Algeria’s new call-ups eye win against Uganda on Sunday

AS Roma winger Houssem Aouar with Algeria’s new call-ups are getting ready for Sunday’s AFCON qualifier against Uganda. New additions to the team include Himad Abdeli, of Angers SCO, Oussama Benbot, Zineddine Belaid, Haithem Loucif and Aymen Mahious, all USMA players. The Desert foxes trained Tuesday (June 13) at the Algerian football Federation National Technical Centre. “I am very happy… Read More
Africa 

VivaTech forum: Africa at the heart of the digital revolution

The latest edition of Vivatech, Paris’ largest tech show, kicked off in France for the 7th year in a row. From June 14th to 17th, over 2,500 exhibitors will showcase their latest innovation aimed at shaping tomorrow’s world. Vivatech has become a not-to-be-missed event for the many African startups which made the trip. Hence the need for them to collaborate,… Read More
Africa 

Can the digital economy ease debt burden for African countries? [Business Africa]

Fintech companies are leveraging digital technology to address challenges in healthcare, agriculture, and e-commerce. Many countries in Africa are looking for means to grow their economies to beat the pandemic-era downturn and debt vulnerability. Sopnendu Mohanty, chairman of the Board, Elevandi and the chief FinTech officer, at Monetary Authority of Singapore, joined us in studio to share his thoughts on the South-South… Read More
Africa 

An African mediation mission will visit Russia and Ukraine

African leaders seeking to help bring an end to the war agreed on Monday to a mediation mission to Russia and Ukraine in mid-June, the South African presidency announced on Tuesday. Last month, South African President Cyril Ramaphosa had indicated that his Russian and Ukrainian counterparts, Vladimir Putin and Volodymyr Zelensky, had agreed to host this peace mission made up… Read More
Africa 

South Africa: Clinic hopes to save future of penguins threatened by extinction

A small fish is dangled under the beak of an emaciated penguin at a South African clinic, to whet the bird’s appetite. The sickly animal is among dozens undergoing treatment in the coastal town of Gqeberha, where a dedicated rehabilitation centre is on a mission to bring African penguins back from the brink of extinction. “We are trying to reverse… Read More
Africa 

Sudanese women recount the horror of rape

Zeinab was trying to flee war-torn Khartoum in order to seek safety. But paramilitary fighters she met didn’t let her nor women embarking on the same journey escape unharmed. In mid-May, one month after fighting broke between Sudan’s army chief and his deputy (head of the paramilitary group RSF) Zeinab says, herself, her sister and other women who were fleeing Khartoum… Read More
Africa 

South Africa: Injured Kolisi to remain Springboks captain for World Cup ‘until ruled out’

South Africa rugby director Rassie Erasmus said on Wednesday that injured Springboks captain Siya Kolisi will definitely miss the Rugby Championship in July, but may play in pre-World Cup matches the following month. “We are aiming to get Siya involved in the warm-up games,” the coach of the 2019 Rugby World Cup-winning team told a press briefing in Pretoria. After… Read More
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