July 01
Africa: Afreximbank and the WTO Secretariat harmonize efforts to develop trade in Africa
Afreximbank
Today, African Export-Import Bank (Afreximbank or "the Bank") signed a Memorandum of Understanding (MoU) with the World Trade Organization (WTO) to amplify the impact of their… Read more »
Ghana: The Republic Day of Price Hikes [opinion]
Accra Times
Several price hikes greet Republic Day Commemoration amidst economic hardship. Starting today, consumers will face higher fuel costs, with petrol prices expected to rise by 2.17%… Read more »
Nigeria: Discrepancies in Account Names Delaying Heritage Bank Customers' Payment - NDIC
Premium Times
On payment of depositors with more than five million naira with the bank, NDIC said they would be paid a liquidation dividend. Read more »
Uganda: Uganda in Top 10 African Countries That Attracted Most FDI in 2023
Independent (Kampala)
While the clean energy sector draws significant global foreign investment to Africa, particularly green hydrogen, solar, wind, and battery manufacturing, this is not Africa's only… Read more »
Liberia: SRC Shuts Down Indefinitely
New Dawn
The Management of Salala Rubber Corporation or SRC, in Weala, Margibi County, has shut down indefinitely following last Thursday's violence by aggrieved workers, predominantly… Read more »
Liberia: NPA Uncomfortable With GTMS and CTN
New Dawn
Liberia's National Port Authority (NPA) says it is not comfortable with the current contract agreement involving the Global Tracking Maritime Solutions (GTMS) and the Cargo… Read more »
Nigeria: Unpaid Bills - Air Force Personnel Allegedly Invade Power Supply Facilities in Lagos
This Day
Some air force personnel from the Sam Ethnan Air Force Base, Bolade, Oshodi, have allegedly invaded the premises of critical power infrastructure in Lagos state, rough-handling… Read more »
Nigeria: Govt to Flag Off Cross River, Akwa Ibom Sections of Lagos-Calabar Highway in August
This Day
*Umahi flays foreign contractors for alleged delay in road projects Read more »
Nigeria: Minimum Wage Delay - Labour Urged to Declare Nationwide Strike
Vanguard
The Campaign for Democratic and Workers' Rights, CDWR, has called on Ogranised Labour to immediately mobilise and declare a nationwide strike over the minimum wage and the recent… Read more »
Kenya: Nyeri Tea Factory Directors Sent Home, Replaced With New Ones
Capital FM
Most directors at tea factories in Nyeri County have been sent home, highlighting farmers frustrations in the running and management of these facilities. Read more »
Nigeria: Minimum Wage - Lawyers Back NLC, Say FEC Can't Negotiate for Workers
Leadership
Lawyers have agreed with organised labour that the Federal Executive Council (FEC) cannot decide on the salaries for Nigerian workers. Read more »
Nigeria: Father, Son Die in Niger Auto Crash, 11 Perish On Abuja-Lokoja Road
Daily Trust
A man, Alhaji Ja'afaru, popularly known as Alhaji Ja'afaru Mai Maganin Feshi and his son, Ibrahim Ja'afaru, have reportedly lost their lives in an auto crash. Read more »
Nigeria: SERAP Gives CBN 7 Days to Account for Alleged Missing N100bn Dirty Notes, Other Public Funds
This Day
The Socio-Economic Rights and Accountability Project (SERAP) yesterday urged the Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, to account for the N100 billion… Read more »
Nigeria: Oil Theft - Blame Big Players, Not Ijaw Youths, Senator Dickson Insists
This Day
Senator Seriake Dickson representing Bayelsa West Senatorial District in Bayelsa State, over the weekend, insisted that those behind incessant oil thefts in the Niger Delta were… Read more »
Nigeria: 76% of Companies Improved On Cyber Defenses - Report
This Day
Sophos, a global leader of innovative security solutions for defeating cyberattacks, has released its findings from its recent survey, titled: "Cyber Insurance and Cyber Defenses… Read more »
Nigeria: NPA Scores 100% in Presidential Ease-of-Doing Business Ratings
This Day
The Nigerian Ports Authority "NPA), over the weekend, emerged with a performance score of 100 per cent in the just concluded Cohort #3 of the Presidential Enabling Business… Read more »
Africa: How Access to U.S. Market Changed the Fortunes of Two South African Sisters - AGOA
Africa Renewal
Two entrepreneurs take traditional African designs and sustainable materials and turn them into international success Read more »
Kenya: KTDA Unsold Tea Makes Up a Third of Auction Offerings As Minimum Price Bites
Business Day Africa
The Mombasa Tea Auction is set to receive a record volume of teas this week, bolstered by previously withdrawn beverages belonging to Kenya Tea Development Agency (KTDA) that… Read more »
Liberia: Salala Rubber Corporation Shutdown After Violent Protest, Leading to Over 800 Job Losses
FrontPageAfrica
In a significant blow to the local economy, the management of the Salala Rubber Corporation (SRC) has announced the immediate indefinite closure of its operations following a… Read more »
Uganda: Uganda Clays Switches Investment to Machinery to Recover From Losses
Observer
Uganda Clays Limited is to invest in purchasing and installing new equipment following its below-par financial performance in the year ending December 2023, where its revenue… Read more »
Uganda: MTN, Nile Breweries Boost Busoga Masaza Cup With Shs650m
Nile Post
MTN Uganda and Nile Breweries have injected Shs650 million into the 7th edition of MTN Busoga Masaza Cup this year. Read more »
Uganda: Opportunity Bank Starts Tree Planting Initiative With Annual Chairman's Run
Nile Post
Opportunity Bank's headquarters on Old Kira Road buzzed with energy as over 300 enthusiastic participants gathered for the Annual Chairman's Run 2024. Read more »
South Africa: Kusile Power Station's Unit 5 Reaches Commercial Operation
SAnews.gov.za
Eskom's Kusile Unit 5 has achieved commercial operation, adding some 800MW to the grid. Read more »
Africa: Bringing Independent Power Producers Into the Conversation [press release]
Democracy Works
Democracy Works Foundation is excited to welcome INSPIRE as a co-implementation partner to the "Fostering Inclusive Growth through Climate Change Champions project". Co-funded by… Read more »
Nigeria: Wema Bank Advocates Digital Empowerment for SMEs
Daily Trust
Wema Bank has charged stakeholders to prioritise digital empowerment for MSMEs as a measure for championing a sustainable MSME ecosystem in Nigeria. Read more »