Nigeria lets market set currency exchange rate to stabilize economy/in /by
The announcement Wednesday from the Central Bank of Nigeria led to a record fall in the value of the naira currency to 755 Naira per 1 U.S. dollar. It has since recovered.
Senegal: Govt justifies not arresting opponent Ousmane Sonko after conviction/in /by
The Senegalese government on Thursday cited judicial delays and the "precautionary principle" to justify the fact that the authorities have still not arrested opposition politician Ousmane Sonko, who has been sentenced to prison, but are blocking him at his home.
Kenya: Lawmakers pass budget, biggest in country’s history/in /by
Parliamentarians in Kenya have passed the budget estimates for the Financial Year 2023/24 ahead of Friday's reading of President William Ruto’s first budget since he won the presidency last year.
South Africa’s Ramaphosa headed to Ukraine, Russia for peace mission/in /by
The mission is set to comprise the leaders of South Africa, Zambia, Senegal and the Comoros. Congo Brazzaville, Egypt and Uganda's presidents will reportedly send representatives.
VivaTech forum: Africa at the heart of the digital revolution/in /by
The 2023 edition has given prominence to artificial intelligence. The sector is getting increasingly popular in Africa, a continent firmly at the heart of the digital revolution. From June 14th to 17th, over 2,500 exhibitors will showcase their latest innovation.
2023 AFCON qualifier: Algeria’s new call-ups eye win against Uganda/in /by
Djamel Belmadi's men will play Uganda's Cranes on Sunday (June 18) at 6 PM (EAT) in Cameroon's Japoma stadium. Algeria tops group F with 12 points from four matches. Uganda stands 3rd with 4 points, behind Tanzania and ahead of Niger.
Nigeria lets market set currency exchange rate to stabilize economy, woo investors/in /by
The announcement Wednesday from the Central Bank of Nigeria led to a record fall in the value of the naira currency to 755 per U.S. dollar. It has since recovered some.
An African mediation mission will visit Russia and Ukraine/in /by
African leaders seeking to help bring an end to the war agreed on Monday to a mediation mission to Russia and Ukraine in mid-June, the South African presidency announced on Tuesday.
Can the digital economy ease debt burden for African countries? [Business Africa]/in /by
FinTech companies use digital technology to tackle challenges in healthcare, agriculture and e-commerce.
Kenyan opposition MPs walk out of Parliament as budget is unveiled/in /by
Members of Kenyan opposition coalition Azimio la Umoja walked out of the National Assembly on June 15 as the Treasury Cabinet Secretary was to read his budget statement. Ruto’s government has drawn up a 3.6-trillion-shilling budget. New or increased taxes were presented in a separate finance bill.