October 21
South Africa: Former Joburg Mayor Arrested in Funeral Policy Scam - South African News Briefs - October 21, 2024
allAfrica
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Zimbabwe: Zimbabwe's ZiG - Devaluations Won't Fix a Currency That's in Trouble Because of Government Overspending [analysis]
The Conversation Africa
The Reserve Bank of Zimbabwe devalued the ZiG by 43% on 27 September 2024. This weakened the official exchange rate from 13.9 ZiG per US dollar to 24.4 ZiG per US dollar. Read more »
Nigeria: Poverty in Lagos Isn't Just About Money - Here's Why [analysis]
The Conversation Africa
Lagos is Nigeria's economic powerhouse, but it has some of the worst slums in the country. Read more »
Africa: The Future of Food Security Lies Beyond COP29's Negotiation Tables
IPS
Climate change has thrown our food systems into chaos. Extreme weather events and dramatic climate variations are hammering food production and supply chains across the world. As… Read more »
South Africa: Informal Miners Burnt to Death During Police Raid - Families Demand Justice
GroundUp
Several miners died and scores more sustained severe burns during an Operation Vala Umgodi raid in August Read more »
Africa: African Caucus Meeting - African Caucus and the IMF Reaffirm Commitment to Strengthening Africa's Economic Resilience [document]
IMF
Mr. Wale Edun, Nigeria's Minister of Finance and Chair of the African Caucus, and Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the… Read more »
Africa: Prosper Africa's Commitment to Boosting Trade and Investment in North Africa - Egypt and Morocco Lead the Way
Prosper Africa
Morocco Venture Capital Forum in Morocco in May, and Coordinator British A. Robinson's recent trip to Egypt, Prosper Africa is refocusing its commitment to North Africa, with a… Read more »
Zimbabwe: French Investments Sign of Good Times [editorial]
The Herald
The growing investor interest in Zimbabwe under the Second Republic, and following a swathe of reforms to make investment easier and more streamlined, with as much as possible a… Read more »
South Africa: New Laboratories to Ignite a Passion for Science and Technology in South Africa's Rural Classrooms
Daily Maverick
Ford South Africa and its partners have donated 100 containerised maths and science laboratories to underprivileged schools over the past year. These facilities will immediately… Read more »
South Africa: Families Demand Justice After Informal Miners Burn to Death During Police Raid
Daily Maverick
Several miners died and scores more sustained severe burns during an Operation Vala Umgodi raid in August. Read more »
Sudan: Finance Minister Leads Sudan's Delegation to IMF and World Bank Annual Meetings
SNA
Minister of Finance and Economic Planning Dr. Gibril Ibrahim leads Sudan's delegation to the 2024 annual meetings of the International Monetary Fund (IMF) and the World Bank Group,… Read more »
Nigeria: Nerc Announces Date for Public Hearing On Recurring Grid Collapse
Premium Times
There have been over six cases of electricity grid collapse in Nigeria in 2024. Read more »
Nigeria: Kwara Governor Flags Off 209.77km Road Construction Project
Premium Times
Kwara State Governor AbdulRahman AbdulRazaq on Monday flagged off a project for the construction, rehabilitation, and upgrade of 209.77 kilometres of rural roads in the three… Read more »
Rwanda: Rwanda Targets $200mn in New Financial Technology Investments
New Times
Rwanda's new financial technology (fintech) strategy, recently approved by the Cabinet, is expected to rake in $200 million in investments into the industry by 2029. Read more »
Nigeria: Heartfelt Condolences to the People of Majia*
Daily Trust
Our hearts are heavy with sorrow as we extend our deepest condolences to the people of Majia, Jigawa State, following the tragic tanker explosion that claimed the lives of more… Read more »
Kenya: Mt Elgon Makes Maiden Docking At Kisumu, Boosting Regional Fuel Transport
Business Day Africa
Oil tanker MT Elgon made its maiden call at the port, docking at the Kisumu Oil Jetty in a move set to boost fuel transport across the Great Lakes region. Read more »
Kenya: Sakaja Says Everyone in Collapsed Kahawa West Building Accounted for
Capital FM
Nairobi Governor Johnson Sakaja now says all those feared to have been trapped in an eight storey residential building that collapsed in Kahawa West area, Nairobi have been… Read more »
Nigeria: NCAA Urges Lagos State to Submit Intent Declaration for Ibeju-Lekki Airport As Expression of Firm Intention
This Day
As a first intentional move to show commitment in its plan to build a second airport in Lagos at Ibeju-Lekki, the Nigeria Civil Aviation Authority (NCAA) has advised the Lagos… Read more »
Nigeria: Nigeria's Offshore Oil, Gas Production Industry Projected to Hit $47bn By 2031
This Day
The value of Nigeria's offshore oil and gas production market will grow from the $34.18 billion in 2023 to $47.03 billion by 2031, a new market research has found. Read more »
Nigeria: Hardship Not Caused By Tinubu, He Will Leave Lasting Legacy for Nigerians - Akpabio
This Day
*Security experts say economic hardship has weakened family values, fueling cybercrimes Sunday Aborisade in Abuja and Sunday Ehigiator in Lagos Read more »
Nigeria: Nigeria Loses $3bn Annually to Imported Ankara Fabrics - Minister
Vanguard
·Stresses need to empower local textile ecosystem Read more »
Zimbabwe: Mnangagwa Ally Rebukes Chamisa for Declining Job Offer to Be Leader of Opposition in Parliament
New Zimbabwe
Former government critic turned Zanu PF sympathiser, Eddie Cross, has blamed Zimbabwe's charismatic politician, Nelson Chamisa, for missing a golden opportunity to catapult his… Read more »
Nigeria: External Reserves Grow $2.92bn in Three Months, Hit $38.9bn
This Day
According to figures released by the Central Bank of Nigeria (CBN), Nigeria's external reserves grew by $2.92 billion over a three-month period, rising from $36.01 billion by July… Read more »
South Africa: Donkey Carts Stand Idle As Tourism Dies in Cederberg Village
GroundUp
Heuningvlei was devastated by flooding for two consecutive years but the residents are determined to keep their town alive Read more »
Nigeria: Why Student Loans Are Currently Exclusive to Public Institutions - Nelfund
Premium Times
While there have been some challenges with the online application process, NELFUND reassured that the Fund's support staff are available to resolve any issue. Read more »
