July 26
Africa: America Can't Be First If Africa Is Always Put Last [guest column]
allAfrica
With Africa hardly top of mind in Washington right now, it is easy to overlook the vital discussions taking place this week between the Biden-Harris administration's foreign… Read more »
South Africa: Churches Join Call for Basic Income Grant
GroundUp
Providing a guaranteed minimum level of income frees people from vicious cycle of poverty, says Archbishop Thabo Makgoba Read more »
Zimbabwe: Zimbabwe's Total Debt Soars to U.S.$20,5 Billion As Govt Resorts to Local Borrowing
New Zimbabwe
ZIMBABWE's total debt has soared to US$20, 5 billion with the government resorting to local borrowing in a development likely to see the debt situation worsening. Read more »
Nigeria: Why We Support Upcoming Protest Against Tinubu Government - Afenifere Faction's Spokesperson
Premium Times
The Afenifere faction says the planned protest is an organic reaction to the government's failed economic policies. Read more »
Nigeria: Dangote Cement's Half-Year Profit Slightly Higher Despite Record Revenue
Premium Times
Worth N5.4 trillion in total assets, the cement maker opened trade on Friday in Lagos at a market capitalisation of N11.2 trillion. Read more »
Nigeria: Nigeria's Economy On Path of Recovery, I'm Not Afraid of Protests - Tinubu [press release]
Premium Times
President Tinubu said his administration will do more to meet the needs of Nigerians. Read more »
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South Africa: African Development Bank Approves ZAR 18.85 Billion ($1 Billion) Corporate Loan for Transnet's Business Recovery Plan
African Development Bank (AfDB)
The African Development Bank Group has approved a ZAR 18.85 billion ($1 billion) corporate loan to Transnet, South Africa's major freight transport and logistics company, for its… Read more »
Kenya: Safaricom Shareholders Approve Sh26.04bn Final Dividend
Capital FM
Safaricom shareholders have approved a Sh0.65 dividend per share, amounting to Sh26.04 billion for the financial year ended March 31, 2024. Read more »
Kenya: Recurring Scam - Fake Ad for Jobs At Kenyan Supermarket Chain Naivas Reappears On Facebook
Africa Check
Recurring scam: fake ad for jobs at Kenyan supermarket chain Naivas reappears on Facebook Read more »
Nigeria: Why the Federal Ministry of Livestock Must Be Stillborn [opinion]
Premium Times
While the seriousness and urgency of tackling livestock-related problems in the country are unquestionable, the solution is NOT in creating a federal ministry. Read more »
Africa: Africa's Largest Rooftop Solar Plant Inaugurated in Tema
Ghanaian Times
Ghana's desire to fast-track its renewable energy rate had a major boost when a 16.82 megawatts rooftop photo voltaic solar plant was inaugurated in Tema yesterday. Read more »
Africa: EBC Partners With Joe Dinapoli to Enhance CFD Trading
Business Day Africa
EBC Financial Group (EBC) recently hosted an event titled "Revolutionising CFD Trading with DiNapoli's Leading Indicators," where they announced a new partnership with renowned… Read more »
July 25
Kenya: Finance Bill 2024 Dead, Buried After Public Outcry That Led to Protests
Capital FM
The contentious Finance Bill 2024 has been effectively nullified after Members of Parliament agreed with President William Ruto's reservations, which called for the deletion of all… Read more »
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Africa: Badea's 50th Anniversary - Leaders Unite to Celebrate Success, Urge Increased Africa-Arab Economic Collaboration
African Development Bank (AfDB)
Ghana's President Nana Akufo-Addo and African Development Bank Group head Dr. Akinwumi Adesina joined dignitaries from Africa and the Arab world on Sunday for a 'Leaders'… Read more »
Namibia: 'You Can't Wake Up Today and Tell Africans to Stop Cooking With Fire' [interview]
African Arguments
African Arguments spoke to Namibia's Industrialisation and Trade Minister about industrial strategy, unjust trade, and green hydrogen controversies. Read more »
Africa: Spotlight on Trade Act Renewal at the 2024 AGOA Forum in DC
allAfrica
The trade legislation known as AGOA is the focus of discussions this week in Washington, DC between senior U.S. officials and Africa trade ministers, along with key regional… Read more »
Zimbabwe: Finance Ministry Blacklists 51 Govt Suppliers for Trading On Black Market
New Zimbabwe
The Treasury has blacklisted 51 government contractors for trading on the black market after receiving payments in local currency. Read more »
Eritrea: Eritrea Suspends Ethiopian Airlines Flights, Cites Luggage Theft, Pilferage
Nile Post
Eritrean authorities have suspended all flights by Ethiopian Airlines to its airspace effective. Read more »
Kenya: Kenya's New Cabinet - Finance Minister Faces an Uphill Battle Against Corruption, Unemployment and Debt [analysis]
The Conversation Africa
Kenya faces difficult times ahead because of pressure to pay debts, create jobs for the youth, offer improved services to citizens and uproot entrenched corruption. Read more »
Kenya: Majority of Kenyans Blame Government for High Cost of Living
Business Day Africa
Majority of Kenyans believe the country is on the wrong trajectory and are linking the high cost of living to poor management of the economy by government, a new survey shows. Read more »
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Africa: New Africa Sustainable Development Report Shows Critical Importance of Scaled-Up Development Financing
African Development Bank (AfDB)
The United Nations Development Programme (UNDP), the United Nations Economic Commission for Africa (ECA), and the African Development Bank (AfDB), presented today the 2024 Africa… Read more »
Africa: Tripartite Agreement Takes Effect After Reaching Ratification Threshold
Business Day Africa
The COMESA-EAC-SADC Tripartite Free Trade Area (TFTA) Agreement is set to come into force today, following the attainment of the required ratification threshold. Read more »
Nigeria: Senate Panel to 'Expose' Importers of Adulterated Fuel
Premium Times
The committee also said it would investigate the reasons behind the failure of the nation's refineries to commence operation despite huge funds allocated to them yearly. Read more »
Africa: Towards a Sustainable Blue Economy for Africa [analysis]
African Arguments
Debating Ideas reflects the values and editorial ethos of the African Arguments book series, publishing engaged, often radical, scholarly, original and activist writing from within… Read more »
Nigeria: Nigeria's Inflation Rate Exaggerated, Says APC National Secretary Basiru
Premium Times
The National Secretary of APC made the claim when confronted with NBS' latest data on Nigeria's inflation on the Channels Television's primetime show, 'Politics Today', on… Read more »
Malawi: Malawi Economic Monitor Calls for Urgent and Sustained Reforms for Faster and More Inclusive Growth [press release]
World Bank
Malawi's current economic difficulties require a combination of immediate response measures and urgent reforms to address longstanding macroeconomic imbalances including persistent… Read more »
Kenya: Kenya's Green Economy Could Create Nearly 240,000 Jobs By 2030
Capital FM
Africa's green economy has the potential of creating up to 3.3 million new direct green jobs on the continent by 2030, with the majority particularly in the renewable energy solar… Read more »
Nigeria: Traders Warn Against Neglect of Informal Sector
Leadership
The Market Traders Association of Nigeria (MATAN) has alerted the government about dangers of neglecting the informal sector, as its exclusion can hinder economic growth. Read more »