‘It’s like we went bankrupt overnight’: poorest Somalis suffer as piles of worthless shillings mount up
Banknotes are now so tattered that even buses refuse to accept them, as a dollarised economy and mobile phone payments...
New petroleum law obliges companies to prioritise the mozambican market
The Assembly of the Republic approved, in general terms, the proposal to revise the Petroleum Law, which redefines the rules...
Algeria’s richest man Issad Rebrab’s Cevital launches $600 million sugar beet project
Billionaire Issad Rebrab's Cevital has unveiled a $600 million investment aimed at reviving large-scale sugar beet production in Algeria as...
Installation of AI traffic cameras at 20 intersections in Harare in final stages
Remember Deketeke INSTALLATION of artificial intelligence (AI)-powered traffic cameras at 20 key intersections in Harare is now in its final...
South African rand firms on weaker dollar, Ramaphosa court ruling in focus
JOHANNESBURG, May 8 (Reuters) - The South African rand strengthened on Friday, supported by a weaker dollar, while markets also...
SADC ministers meet in Zimbabwe over disaster preparedness
THE Southern African Development Community (SADC) will next week convene a high-level regional meeting of Ministers Responsible for Disaster Risk...
Namibian operator strikes offshore oil gold
Breakwater Offshore Services and Investments has become the first wholly Namibian-owned operator to secure a direct offshore vessel charter, supporting...
Kagame State Visit To Botswana An Historic Beginning For Both Countries And Africa
In April of 2022, in the Rwandan capital of Kigali, Rwanda and Botswana inaugurated a Joint Permanent Commission on Cooperation....
Somalia faces severe malnutrition crisis as WFP warns of aid halt
GENEVA, May 8 (Reuters) - Somalia faces a severe malnutrition crisis and urgently needs more aid funding to avert a...
The 4 African countries best positioned to dominate Africa’s industrial futur
Industrialization remains one of Africa’s biggest economic ambitions, but a new continental assessment suggests only a handful of countries are...
