June 28
Kenya: Court Orders Banks to Seek Approval From Finance CS Before Raising Interest Rates
Capital FM
The Supreme Court has declared that banks and financial institutions must seek approval from the Cabinet Secretary for Finance before increasing interest rates on loans and… Read more »
Africa: The African Vaccine Manufacturing Accelerator Is a Boon for the Continent [press release]
Africa CDC
The Gavi Board's approval of the Gavi Alliance's new five-year strategy (2026-2030), which focuses on accelerating vaccine coverage, introducing new vaccines, strengthening health… Read more »
Africa: Vaccine Manufacturing Needs a Favorable Environment to Deliver Returns On Investment [press release]
Africa CDC
After securing crucial financing for vaccine manufacturing development, Africa's ecosystem needs to be conducive to delivering clear returns on investment, as Dr. Jean Kaseya… Read more »
Gambia: What Next for the Cement Importers? [editorial]
Foroyaa
The cement importers claim that they are being restricted from importing cement through tariff barriers and periodic banning, which to them undermines the principles of free… Read more »
Kenya: Kenya Unrest - the Deep Economic Roots That Brought Gen-Z Onto the Streets [analysis]
The Conversation Africa
The generation of Kenyans born between 1997 and 2012 - the Gen-Zs - have borne the brunt of the country's slow economic growth. If a country has slow economic growth, it typically… Read more »
Ghana: Govt Has Duty to Regulate Cement Prices - Trade and Industry Minister
Ghanaian Times
Trade and Industry Minister, K T Hammond, has underscored the need for the government to intervene to protect the consumer from what he described as the "haphazard" increment in… Read more »
Ghana: Don't Abandon Introducing Cement Pricing Li! [editorial]
Ghanaian Times
One cannot but describe as good the attempt by the Trade and Industry Minister, KT Hammond, to make the government introduce a legislation to control the pricing of cement to… Read more »
Liberia: Liberia Business News - Arcelormittal Strengthens Ties and Reaffirms Commitment to Community Development
New Republic
Superintendent Kou Meapeh Gono is urging the people of Nimba County to peruse dialogue in their disagreements with ArcelorMittal in bid to attract more investment to the vote rich… Read more »
Egypt: Agriculture Minister - Egypt's Agro Exports Hit Dlrs 9bn in 2023
Egypt Online
Minister of Agriculture and Land Reclamation El Sayyed El Quseir said that the agriculture export sector has witnessed "unprecedented successes", adding the volume of Egypt's agro… Read more »
Nigeria: Lagos Moves to Restructure Unregulated Public Transport Bus Operators
Premium Times
Mr Giwa noted that the current state of bus operations was chaotic, hence the need to regulate and integrate the informal transport sector into the state's Bus Reform Initiative. Read more »
Africa: COP29 High Level Dialogue - AU Commissioner Highlights Unlocking Finance for Energy in Africa
African Union
June 24, 2024 - London: The COP29 Presidency convened its second high-level consultation meeting on energy transition in London, United Kingdom. Hosted by Mr. Michael Mainelli,… Read more »
Liberia: Liberia Telecommunications Authority Fines Lonestar Cell MTN, Orange U.S.$300k Each for 'Regulatory Violations'
FrontPageAfrica
The Liberia Telecommunications Authority (LTA) has issued a 14-day ultimatum to both Lonestar MTN and Orange Liberia, compelling each to pay a fine of $300,000. Read more »
Tanzania: Youth Engagement in Agriculture Great Potential
Daily News
TANZANIA has great potential to food self-sufficiency, by producing food locally without importing from abroad if the young population is properly involved in the agricultural… Read more »
Rwanda: RwandAir to Double Passengers, Enhance Cargo Transport
New Times
The ruling Rwanda Patriotic Front (RPF-Inkotanyi) has promised to significantly expand the national aviation industry, which will see the doubling of the number of passengers… Read more »
Nigeria: CBN to Implement More Policies to Tackle Cybersecurity Challenges
Vanguard
The Central Bank of Nigeria (CBN) says it will continue to implement more policies to tackle cybersecurity challenges, foster innovation to ensure stability and integrity of the… Read more »
Uganda: Namayingo Fears for Missed Opportunities As Construction of Multi-Billion Sugar Mill Is Stopped
Nile Post
Sugar millers in Busoga are said to have been unhappy with the coming up of yet another competitor Read more »
Uganda: Uganda's Poverty Rates Likely to Increase Due to Increase in Population
Nile Post
Poverty and inequality, A growing population can exacerbate poverty and income inequality in a developing country. Limited resources may be stretched even thinner, making it… Read more »
Ethiopia: Ethiopia Developing African Continental Free Trade Area Implementation Strategy
ENA
In an attempt to capitalize on the enormous potential benefits of trade on the continent, Ethiopia is now creating its National African Continental Free Trade Area (AfCFTA)… Read more »
Liberia: Protesters Set Plantation Manager's Home, Vehicle Ablaze At Salala Rubber Corporation
FrontPageAfrica
Scores of workers, predominantly tappers, of the Salala Rubber Corporation (SRC) Thursday staged a violent protest over the reported failure of management to mark them (employers… Read more »
Liberia: LTA Fines Lonestar and Orange GSM Companies $300k Each for Data Violations
New Dawn
The Liberia Telecommunications Authority (LTA) has taken decisive action against the two major GSM companies here, Lonestar Cell MTN and Orange, levying fines of US$300,000 each. Read more »
Kenya: What Kenya's Finance Bill Rejection Means
Business Day Africa
This week, Kenya's President William Ruto rejected the signing of the Finance Bill 2024, which aimed to raise taxes to fund government operations. This decision came after deadly… Read more »
South Africa: Eskom to Close Its Community Service Centres in Khayelitsha and Bellville
GroundUp
City of Cape Town condemns decision and says there is a "notable increase" in complaints from customers supplied directly by Eskom Read more »
Egypt: Sisi Govt's Repression Taints Egypt-EU Investment Conference [press release]
HRW
As Abuses Fuel Egypt's Economic Crisis, EU Should Press for Rights Reforms Read more »
Tanzania: Finance Bill 2024 - Debate Extends for Second Day
Daily News
MEMBERS of Parliament did not decide on the Finance Bill, 2024 as planned yesterday to allow more time for the government to include some additions they were still working on. Read more »
Zimbabwe: After Introducing a New Currency, Zimbabwe's Central Bank Projects 5% Annual Inflation By Year-End
New Zimbabwe
THE Reserve Bank of Zimbabwe (RBZ) has projected annual inflation to recede to just 5% by year-end on the back of the stable Zimbabwe Gold (ZiG) currency and exchange rate… Read more »