April 15
Nigeria: Naira Surges Against Dollar, Hits 5-Month High
Leadership
The Naira experienced a significant rally against the US Dollar, breaking through critical resistance levels to trade below N1,000 in some segments of the black market as of late… Read more »
Liberia: Why Boakai Prevented Central Bank Governor From Traveling?
FrontPageAfrica
The Executive Governor of the Central Bank of Liberia, Alloysius Tarlue, will not be attending this year's World Bank Spring Meeting, due to a request from President Joseph Boakai… Read more »
Nigeria: Govt Must Halt Shell's Sale of Its Niger Delta Business Unless Human Rights Are Fully Protected
AI London
The proposed sale of Shell's onshore oil business in the Niger Delta region of southern Nigeria risks worsening human rights abuses and should be blocked by the government unless a… Read more »
Liberia: LRA to Adopt Inter-Agency Strategy to Combat Tax and Financial Crimes
New Republic
Participants at the workshop were engaged in intensive group work in accessing Liberia tax crime investigation potential. Read more »
Kenya: Kenya Power Slashes Electricity Bills By 13.7% From May
Capital FM
Kenya Power has announced a 13.7% drop in electricity bills starting from May, providing much-needed relief to consumers grappling with the high cost of living. Read more »
Rwanda: Rwanda's Headline Inflation Eased to 4.2% in March
New Times
Rwanda's headline inflation eased to 4.2 percent in March 2024, from 4.9 per cent in February 2024, according to the latest Urban Consumer Price (CPI) Index published by the the… Read more »
Nigeria: Joint Letter Regarding Shell's Sale of the Shell Petroleum Development Company in Nigeria [press release]
AI London
The following joint letter, signed by 40 Nigerian and international non-governmental organisations, urges the Nigerian Upstream Petroleum Regulatory Commission to refuse regulatory… Read more »
Nigeria: Blackout - Collapse Grid Fully Restored - TCN
Premium Times
The collapse of the national grid on Monday morning was caused by a fire incident at the Afam power generating station, leading to a sudden generation loss of 25 MW and 305 MW,… Read more »
Africa: Reflecting On the Launch of the New Women Creating Wealth Agricultural Value Chains Programme [press release]
Graça Machel Trust
On the 4th April 2024, the Women Creating Wealth team proudly unveiled its Agricultural Value Chains Programme in collaboration with the University of Johannesburg Centre for… Read more »
Kenya: South African-Based Fashion Brand Foschini Group Exits Kenya
Capital FM
Foschini Group Kenya, a South African-based fashion brand, has announced its exit from the Kenyan market after appointing new liquidators to take over its establishments. Read more »
Egypt: Environment Ministry Updates On Gas Tanker Stranded in Gulf of Aqaba
Egypt Online
Dr. Yasmine Fouad, Minister of Environment, has confirmed the ongoing monitoring of the stranded Liberian gas tanker that grounded at the Gulf of Aqaba entrance last Friday. This… Read more »
Kenya: Single Online Portal to Enhance Ease of Doing Business Unveiled
Capital FM
Trade and Investments Cabinet Secretary (CS) Rebecca Miano today unveiled an online portal that seeks to enhance the ease of doing business in the country. Read more »
Kenya: LSK Denounces Koome's Call for Crackdown On Striking Medics
Capital FM
The Law Society of Kenya (LSK) has denounced a directive by Inspector General of Police Japhet Koome ordering firm action on medical professionals on strike after he termed their… Read more »
Ethiopia: Ethiopian Electric Utility, Huawei Sign MOU to Provide Alternative Electricity to Communities in Off-Grid Areas
Addis Standard
The summit also brought together government officials from Ethiopian Electric Utility, Ethiopian Electric Power, Petroleum and Energy Authority alongside private sector players Read more »
South Africa: Macassar Residents 'Will Fight Tooth and Nail' Against Prasa's Plan to Relocate Shack Dwellers
GroundUp
Hundreds marched on Saturday to protest against PRASA's plan to move shack dwellers occupying the Central Line to Macassar Read more »
Nigeria: 19 Killed in Oyo-Ogbomoso Road Crash - FRSC
Premium Times
FRSC says the road crash occurred at about 07:45 a.m. was due to route violation, referred to in local parlance as 'One Way'. Read more »
Zimbabwe: Govt Stockpiling U.S.$700 Million Ivory Due to Cites Ban On Ivory Trade
New Zimbabwe
The Government of Zimbabwe is sitting on ivory stocks worth over US$700 million due to the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES)… Read more »
Rwanda: Untold Story - Bourbon's Role in Rwanda's Growing Coffee Culture
New Times
Bourbon Coffee opened its first shop in Kigali, in 2007, and has expanded to eight different locations across Rwanda and the United States. Read more »
Ghana: Fastrack Process to Introduce Islamic Banking - Prof Gatsi
Ghanaian Times
The Dean of the School of Business of the University of Cape Coast, Professor John Gatsi, says Ghana must fastrack the process to introduce Islamic Banking in the country. Read more »
April 14
Africa: Building Sustainable Vaccine Manufacturing in Africa - Africa CDC At the World Vaccine Congress, Usa [press release]
Africa CDC
The Africa Centres for Disease Control and Prevention (Africa CDC) participated in the World Vaccine Congress in USA, demonstrating its leadership role in Africa's vaccine… Read more »
Nigeria: Naira to Emerge Best Performing - Goldman Sachs
Leadership
With the value of the naira already stronger at around N1150 to the dollar at the parallel market, a big jump from the low of N1890 which it was earlier this year, Goldman Sachs… Read more »
Angola: Consumer Price Index Registers Slight Slowdown in March
ANGOP
The National Consumer Price Index (IPCN) recorded a slight slowdown of 0.04 percentage points, standing at 2.54 percent, last March, against 2.58% observed in February this year. Read more »
South Africa: Cosatu Welcomes the Opening of a New R300 Million Plant in Krugersdorp Injecting Badly Needed Stimulus in the Local Economy [press release]
COSATU
The Congress of South African Trade Unions (COSATU) welcomes the opening of a massive new R300 million plant to manufacture peanut butter by Tiger Brands in Krugersdorp. This will… Read more »
Malawi: 'Incentivize Agriculture to Stop Youth Migration'
Nyasa Times
Dozens of energetic and productive Malawian youths are migrating to South Africa and Tanzania every year to seek employment and other economic opportunities. Read more »
Nigeria: 6 Banks Spend N205.34bn On It Amid E-Payment Boom
Leadership
Six commercial banks increased their spending on information and technology (IT) by 44.66 percent to N205.34 billion as more customers carried out electronic transactions,… Read more »