Nominations For The 2024 AWIEF Awards Are Open
The Africa Women Innovation and Entrepreneurship Forum (AWIEF) has officially opened nominations for its 2024 AWIEF Awards. This prestigious event…
Somalia joins UN Security Council after more than 50 years
The United Nations General Assembly on Thursday elected Somalia to the 15-member UN Security Council for a two-year term starting…
VIDEO: Kiira Motors unveils the 2024 8-Meter Kayoola EVS Model
Ugandan Company Kiira Motors Corporation Thursday delivered a batch of eight 8-Meter Kayoola EVS buses produced at Luweero Industries Limited…
Kenya sets up campaign team to lead Odinga’s bid for AU Commission chairmanship
Kenya on Wednesday set up a campaign secretariat to work with former Prime Minister Raila Odinga in his bid for…
African AI pioneer InstaDeep ready for future after €500m takeover
When Karim Beguir and Zohra Slim co-founded artificial intelligence pioneer InstaDeep a decade ago, the idea of an Africa-founded AI…
Kenya holds interest rates at 13% as the exchange rate stabilises
The Central Bank of Kenya (CBK) has maintained interest rates at 13%, the same as in April 2013, in a…
South Korea signs 48 minerals, export agreements with African countries
Nearly 50 deals and agreements have been signed during South Korea’s first summit with leaders from 48 African countries to…
World Environment Day: Education must lead the fight against climate change
As we celebrate World Environment Day, it’s essential to reflect on the past year and confront the environmental challenges ahead.…
Airtel Africa CEO, Segun Ogunsanya Honored with Lifetime Achievement Award
Airtel Africa Chief Executive Officer, Segun Ogunsanya has been named winner of the Lifetime Achievement Award in the 14th African…
Red Cross suspends distribution of food aid in DRC province
The International Committee of the Red Cross-ICRC has suspended the distribution of food aid to displaced civilians in Kanyabayonga, Lubero…
Uganda holds interest rates to calm inflation as the shilling steadies
The Bank of Uganda (BoU) held its benchmark interest rate at 10.25% on Tuesday, its monetary policy committee (MPC) said,…
Republic of Congo Participates in Historic Organization of OPEC Meeting, Production Cuts Extended into 2025
The Republic of Congo’s Minister of Hydrocarbons Bruno Jean-Richard Itoua participated in two historic OPEC meetings on June 2, where…
“South Korea Pledges $1B to Finance Development Projects in Mozambique”
Mozambique and Korea signed a memorandum of understanding under which the Asian nation pledges to disburse one billion dollars to…
Korea-Africa Summit: “Mozambique Has Potential in Agriculture, Mining, Gas and Energy” – Filipe Nyusi
The Mozambican President, Filipe Nyusi, said that the country is available to receive South Korean ventures and investments, saying that…
AfDB Annual Report 2023: Effective delivery, operations and innovation build resilience and recovery for its African members post Covid-19
The Annual Report reports that Bank Group approvals for 2023 (UA 8.03 billion) were 30 percent higher than those for…
Netherlands bolsters Africa’s climate resilience with $27 million disaster financing pledge to AfDB
Representatives from the Kingdom of the Netherlands and the African Development Bank Group this week discussed further details of the…
2024 Annual Meetings: Africa’s Voice Needs to be Heard, Says AfDB President
African Development Bank President Dr Akinwumi Adesina says the world is changing and Africa needs to be at the table.…
Comoros, Djibouti, Somalia and South Sudan join $35 million AfDB climate disaster risk financing project
The African Development Bank Group Vice President for Agriculture, Human and Social Development joined finance ministers and representatives from Comoros,…
African tech rules exists but are not backed up by penalties, says regulator
Effective regulations to govern Africa’s tech space have been drafted but there is a lack of penalties to force compliance,…
Fuel shortage: Zimbabwe govt urges citizens to cycle to work
Faced with a broken public transit system, poor road conditions, fuel shortages and low salaries, Zimbabwean authorities are urging citizens…
Children, greatest victims of Sudan’s war tragedy
Having lost numerous family members over the past year due to the devastating conflict in Sudan, Muaz Noureddine, a 15-year-old…
Protesting Nigerian workers shut down schools, airports over wages
Nigerian unions began an indefinite strike on Monday, closing schools and public offices, impacting airports and shutting down the national…
AfDB, Rwanda Sign Partial Credit Guarantee Agreement to Support Green and Social Initiatives
The African Development Bank and the Government of Rwanda have signed a partial credit guarantee agreement to support Rwanda’s mobilisation…
Afreximbank, Arise IIP and Malawi, initiates construction of the “Magwero Industrial Park”
His Excellency, Dr. Lazarus McCarthy Chakwera, President of the Republic of Malawi, President and Chairman Board of Directors of Afreximbank,…
The International Islamic Trade Finance Corporation (ITFC) Signs MoU on Business Cooperation with Qatar Development Bank
The International Islamic Trade Finance Corporation (ITFC) and Qatar Development Bank (QDB) have announced the signing of a Memorandum of…
Ubongo Sets New Standards in African Edutainment for the Next Decade
Ubongo, Africa’s children’s edutainment organization, is thrilled to unveil a vibrant new look for its acclaimed children’s program, Ubongo Kids.…
Now is the Time for Namibia to Join Extractive Industries Transparency Initiative (EITI)
Namibia has four onshore and four offshore basins that are estimated to contain 11 billion barrels of oil (boe) and…
Ramaphosa says election results a wakeup call as S.Africans turn on ANC
The Electoral Commission of South Africa Sunday night announced official results that marked the start of a new era in…
BHP gives up on Anglo American deal after rejections
Australian mining giant BHP has walked away from its proposed deal with Anglo American, the London and Johannesburg-listed firm with…
Nigeria’s new anthem written by a Briton sparks criticism
Nigeria adopted a new national anthem Wednesday after lawmakers passed a law that replaced the current one with a version…
South Africa’s ANC loses its 30-year majority in landmark election
South Africa’s liberation party, the governing African National Congress, has lost its parliamentary majority for the first time after a…
Why Africa’s leaders need to prioritise AI
The emergence of Artificial Intelligence (AI) for societal improvement marks a transformative era, comparable to the Industrial Revolution in its…
Eritrea: Assessment Meeting on Progress of Agricultural Activities
The Ministry of Agriculture conducted an activity assessment meeting on 30 May in the port city of Assab. The meeting…