A Congolese member of parliament and mining tycoon has been sentenced to death by a military court in Kinshasa for his alleged involvement in the M23 rebel group and treason…
Economy
-
-
According to a new report by the World Bank, Africa is showing resilience and optimism in the face of a global economic slowdown. The report, titled Africa Pulse, ranks the…
-
The World Bank has cautioned some African central banks against risky monetary initiatives that could jeopardize their economic stability and growth. The warning comes amid the region’s rising challenges of…
-
Kenya’s economy showed resilience in the second quarter of 2023, growing by 5.4% compared to the same period last year, despite the challenges posed by the COVID-19 pandemic and political…
-
Investors are holding their breath as they await the latest US jobs data, which could have a significant impact on the global bond and currency markets. The US non-farm payrolls…
-
Waleed el-Degwy, an Egyptian plumber, couldn’t earn enough in Egypt’s Nile Delta region due to the country’s declining economy. He risked a treacherous journey to Europe via Libya to find…
-
Kenya’s President William Ruto is expected to ask China for a $1 billion loan to complete stalled road projects when he visits Beijing later this month, his deputy said on…
-
The South African rand is facing pressure from a global realignment of currencies that is beyond the control of the central bank, Governor Lesetja Kganyago said on Thursday. Speaking at…
-
South Africa’s largest mobile network operator, MTN, has improved its network availability despite the ongoing power outages that have plagued the country for months. The company said it deployed more…
-
Governor Dapo Abiodun of Ogun State has expressed an interest in partnering with the American government to bolster vital sectors of the state’s economy. This intention was communicated during a…