Africa Archives - Page 67 of 83

Rwanda Emerges as Top Global Performer in Inaugural World Bank B-READY Report

Eniola OladeleOctober 4, 2024October 4, 2024

by Eniola OladeleOctober 4, 2024October 4, 20240226

Rwanda has once again demonstrated its commitment to business excellence, achieving impressive results in the newly launched World Bank Business Ready (B-READY) Report unveiled today,...

Africa SPORTS

Sara Cup Organisers Aim to Raise KSh 3 Million for Local Initiatives

Eniola OladeleOctober 4, 2024October 4, 2024

by Eniola OladeleOctober 4, 2024October 4, 20240256

Nairobi, Kenya Organizers of the upcoming Sara Cup, a highly anticipated sporting event, have set an ambitious target of raising KSh 3 million to support...

Africa Entertainment SPORTS

Messi’s Double Leads Inter Miami to 3-2 Victory Over Columbus for MLS Supporters’ Shield

Eniola OladeleOctober 4, 2024

by Eniola OladeleOctober 4, 20240189

Miami, FL Lionel Messi showcased his extraordinary talent once again, scoring twice to help Inter Miami secure a thrilling 3-2 victory over the Columbus Crew,...

Africa International News

The Role of Iran’s Regional Allies in a Potential War: How Much Difference Could They Make?

Eniola OladeleOctober 4, 2024

by Eniola OladeleOctober 4, 20240166

As tensions in the Middle East remain high, the potential for Iran to engage in a broader conflict raises questions about the role its regional...

Africa Tourism

Rwanda Safe For Tourism, Business Despite Marburg Outbreak- RDB Reassures

Eniola OladeleOctober 4, 2024

by Eniola OladeleOctober 4, 20240219

Rwanda remains safe for travel, tourism and business, despite a recent outbreak of the Marburg Virus Disease (MVD), which the Ministry of Health says is...

Africa BUSINESS

Bank of Kigali Unveils Comprehensive Financial Product to Empower Women in Business

Eniola OladeleOctober 4, 2024

by Eniola OladeleOctober 4, 20240221

Kigali, Rwanda In a groundbreaking move aimed at promoting gender equality and boosting women entrepreneurship, the Bank of Kigali has launched a specialized financial product...

Africa Health

At Least 78 People Killed After Boat Capsizes in Democratic Republic of Congo

Eniola OladeleOctober 4, 2024

by Eniola OladeleOctober 4, 20240212

Kinshasa, Democratic Republic of Congo (DRC) A devastating tragedy unfolded in the Democratic Republic of Congo (DRC) after a boat carrying passengers and goods capsized...

Africa POLITICS

Kenya Seeks IMF Review on Corruption Amid Western Pressure

Eniola OladeleOctober 4, 2024

by Eniola OladeleOctober 4, 20240195

Kenya’s government has asked the International Monetary Fund to conduct an official assessment of corruption and governance issues, the IMF told Reuters, after a push...

Africa BUSINESS

Angola Oil & Gas 2024: Opening Remarks Highlight Future Energy Opportunities Amid Global Shifts

Eniola OladeleOctober 3, 2024

by Eniola OladeleOctober 3, 20240284

Luanda, Angola The Angola Oil & Gas 2024 conference kicked off with high expectations, with opening remarks emphasizing the country’s strategic role in the future...

Africa BUSINESS

South African Rand Seesaws Against Buoyant Dollar Amid Global Market Volatility

Eniola OladeleOctober 3, 2024

by Eniola OladeleOctober 3, 20240180

Johannesburg, South Africa The South African rand continues to experience fluctuations against the strengthening US dollar, reflecting the ongoing volatility in global financial markets. The...

Africa ECONOMY

Zimbabwe’s President Vows Swift Action to Halt Currency Slide Amid Economic Strain

Eniola OladeleOctober 3, 2024

by Eniola OladeleOctober 3, 20240208

Harare, Zimbabwe Zimbabwe’s President, Emmerson Mnangagwa, has promised to take decisive measures to halt the ongoing depreciation of the Zimbabwean dollar, which has been plaguing...

Africa ECONOMY

Ethiopia’s Bondholders Reject $1 Billion Bond Restructuring Proposal, Urging for Better Terms

Eniola OladeleOctober 3, 2024October 3, 2024

by Eniola OladeleOctober 3, 2024October 3, 20240173

Addis Ababa, Ethiopia Ethiopia’s $1 billion bond restructuring plans have hit a major setback as bondholders rejected the government’s proposed outline, demanding more favorable terms...

Africa International News

Aid Ship from Türkiye and Kuwait Arrives in Conflict-Torn Sudan to Deliver Critical Relief

Eniola OladeleOctober 3, 2024

by Eniola OladeleOctober 3, 20240197

A humanitarian aid ship from Türkiye and Kuwait has arrived in conflict-stricken Sudan, carrying much-needed supplies to help ease the suffering of civilians caught in...

Africa ECONOMY

Ethiopia’s Central Bank Grants Operational Licenses to Five Non-Bank Forex Bureaus

Eniola OladeleOctober 3, 2024October 3, 2024

by Eniola OladeleOctober 3, 2024October 3, 20240192

In a move aimed at improving foreign exchange accessibility, Ethiopia’s Central Bank has granted operational licenses to five non-bank foreign exchange (forex) bureaus. This decision...

Africa Health

Tragic Fire Incident Claims Life of 2-Year-Old Boy in Kamukunji, Nairobi

Eniola OladeleOctober 3, 2024

by Eniola OladeleOctober 3, 20240204

A devastating fire incident in Kamukunji, Nairobi, has tragically claimed the life of a 2-year-old boy, sending shockwaves through the local community. The incident, which...

Africa International News

US Imposes Travel Ban on Four Senior Ugandan Police Officials Over Human Rights Violations

Eniola OladeleOctober 3, 2024

by Eniola OladeleOctober 3, 20240204

In a significant diplomatic move, the United States government has imposed travel bans on four senior Ugandan police officials, barring them from entering the country....

Africa ECONOMY

South African Rand Retreats After Recent Rally

Eniola OladeleOctober 2, 2024October 2, 2024

by Eniola OladeleOctober 2, 2024October 2, 20240208

The South African rand faced renewed pressure on October 1, retreating after a two-week rally that had seen it strengthen amid improving investor sentiment. The...

Africa BUSINESS

Oil Prices Steady Amid Middle East Tensions

Eniola OladeleOctober 2, 2024October 2, 2024

by Eniola OladeleOctober 2, 2024October 2, 20240197

Oil prices remained stable on October 1, as market forces balanced between concerns over escalating tensions in the Middle East and global supply prospects. While...

Africa STOCK MARKET

Global Markets React to Hawkish U.S. Federal Reserve Stance

Eniola OladeleOctober 2, 2024

by Eniola OladeleOctober 2, 20240207

Global markets experienced significant fluctuations on October 1 as investors responded to hawkish comments from U.S. Federal Reserve Chair Jerome Powell. Powell’s statements, which signaled...

Africa POLITICS

The Rise and Fall of Rigathi Gachagua: Kenya’s Outspoken Deputy President Faces Impeachment

Eniola OladeleOctober 2, 2024

by Eniola OladeleOctober 2, 20240227

Rigathi Gachagua, Kenya’s embattled Deputy President, once hailed himself as a truthful man, attributing his political success to his willingness to speak truth to power....

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