This reduction is attributed to a stronger Kenyan shilling against the dollar and lower fuel prices. The fuel cost charge and forex adjustment charge, key components of the electricity bill, have decreased by 37.3 percent between March and April 2024.
Nigeria's headline inflation rate rose 1.50% to 33.20% in March, the country's statistics bureau reported on Monday. The figure is the highest in 28 years. The National Bureau of Statistics attributed the increase to soaring food and energy costs
The Supreme Court on Tuesday is taking up the first of two cases that could affect the criminal prosecution of former President Donald Trump for his efforts to overturn his election loss in 2020. Hundreds of charges stemming from the Capitol riot also are at stake.
The government announced Tuesday that the world's second-largest economy grew at a rate of 5.3% annually from January to March, surpassing the forecasted 4.8%. Compared to the previous quarter, the economy expanded by 1.6%.
Within the past 24 hours alone, 68 Palestinians lost their lives, while 94 others suffered injuries. These tragic figures contribute to a total of 76,465 injuries since the onset of the Israel-Hamas conflict on October 7, 2023.
Macron spoke at the end of an international conference in Paris aimed at drumming up support for Sudan’s 51 million people
Africanews focuses on the most striking images of the day's news.
The 34-year-old Obiri split from more than a dozen runners in the second half of the race, then outfought a challenge from Kenyan Sharon Lodeki over the final three miles for the victory.
[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 approval for Shell plc's proposed sale of all of its shares in it's Nigerian operation, the Shell Petroleum Development Company, to Renaissance African Energy.
The new ZiG currency which was supposed to be effective from April 8 was delayed until the April 30th, leaving the US Dollar, dominating the market.
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