Tag: africanews

Data by the National Bureau of Statistics (NBS) showed that Nigeria’s financial service sector contributed N3. 8 trillion to Nigeria’s Gross Domestic Product (GDP) in 2023, an increase of 26.5% from N3. 01 trillion in 2022. The contribution was made by financial service providers like the United Bank for Africa (UBA) Plc. The bank prides itself as Nigeria’s biggest bank… Read More

Morocco’s 29th international book fair kicked off in Rabat last week, drawing book lovers and intellectuals from across the country. The cultural event features books on literature, science, history and art, among other subjects, presented by 743 exhibitors from 48 countries. The guest of honor at this year’s fair is the the U.N.’s educational and scientific organization, UNESCO. The fair… Read More

At least nine Egyptian women and children died Tuesday when a small bus carrying about two dozen people slid off a ferry and plunged into the Nile River just outside Cairo, health authorities said. The accident, which happened in Monshat el-Kanater town in Giza province, injured nine other passengers, the Health Ministry said in a statement. Giza is one of… Read More

Thousands of Iranians began gathering Tuesday (May. 21) for 5 days of public mourning. A vehicle driving slowly through the northwestern City of Tabriz, carried the bodies of late president Ebrahim Raisi, the Foreign Minister Hossein Amirabdollahian, the governor of Iran’s East Azerbaijan province, a senior cleric, a Revolutionary Guard official and three crew members. Tabriz is the closest major… Read More

Israel’s communications minister ordered the government to return a camera and broadcasting equipment it had seized from the The Associated Press, reversing course hours after blocking the news organization’s live video of Gaza. The government seized the AP equipment from a location in southern Israel after accusing it of violating a new media law by providing images to the satellite… Read More

The foreign ministers of Greece and Egypt extended their condolences to Iran on Monday for the loss of the country’s president and foreign minister in a helicopter crash. “I would like to express my condolences to Iran’s government and the Iranian people for the loss of the President and the Foreign Minister of the country,” Greek Foreign Minister, Giorgos Gerapetritis,… Read More

South Africa’s public power utility Eskom will delay the closure of some coal-fired power plants. Local media outlet Engineering News reported Monday (May. 20) that the Eskom board gave its approval for the continued operation of the Camden, krootflei and Hendrina power stations to 2030. The power stations were initially scheduled to be retired between 2023 and 2027. South Africa… Read More

After Dominican President Luis Abinader coasted into a second term over the weekend, he promised in a nationalistic speech that “the best is yet to come.” But as one of the region’s most popular leaders spoke of economic prosperity and constitutional reforms, he notably left one thing out: the crisis in neighbouring Haiti. The Dominican Republic has long taken a… Read More

Haiti’s main international airport reopened Monday for the first time in nearly three months after relentless gang violence forced authorities to close it to all traffic in early March. The reopening of the Toussaint-Louverture airport in the capital of Port-au-Prince is expected to help ease a critical shortage of medications and other basic supplies since the country’s main seaport remains… Read More

A tragic incident unfolded in Kenya’s capital on Monday as a three-story building undergoing demolition suddenly collapsed, trapping numerous people under the rubble. The building, located in a densely populated area of Nairobi, came down unexpectedly while people were inside retrieving their belongings. Local resident Faith Opuko reported that up to ten young men might be trapped in the debris.… Read More