Fund raising for Nigerian

COVID-19: Oando staff raise above N25 m to…

The employees of Oando Plc have contributed over N25million under The Aggregator Platform (TAP) initiative, to feed needier Nigerians as global pandemic continues unabated with millions of Nigerians living without food and basic needs of…

Soldiers and doctors deployed to virus hit city

Madagascar sends soldiers, doctors to virus-hit city

The government of Madagascar has announced the deployment of soldiers and doctors to the city of Toamasina (east), after a sharp increase in the number of Covid-19 cases in the country’s second largest city. The…

Localisation in Africa

Kenya: It’s time we prioritize the textile and…

COVID-19 pandemic has caused an unprecedented disturbance on social, political and economic structures all over the world. World leading economies have been brought to an almost complete halt. International Monetary Fund (IMF) has warned of…

Coronavirus infection denial

News: South Sudan’s Kiir denies rumours about his…

President Salva Kiir addressed the nation on Monday calling to observe social distancing rules to contain community transmission of coronavirus and to ignore false rumours about his infection with the respiratory disease. Kiir’s remarks come…

Death

Joseph Bouasse dies after suffering heart attack

African football fraternities have been thrown into mourning following the shocking death of 21-year-old Cameroonian footballer Joseph Bouasse webp died from heart attack. According to the report on UK Sun, Joseph Bouasse died on Sunday…

Burundi presidential election

Burundi ruling party candidate wins presidential election

Burundi’s ruling party candidate won a presidential election held last week, securing 68.72% of the vote, the electoral commission said on Monday. Evariste Ndayishimiye, a retired general, will take over from President Pierre Nkurunziza, after…

US probing Adesina

U.S calls for probe against AfDB president

U.S. Treasury Secretary Steven Mnuchin has rejected plans by the African Development Bank’s board to end an investigation into its president, Akinwumi Adesina, and called for an independent probe into allegations against him. In a…

Loans in banking

Kenya: High loan provision eats into banks’ Q1…

High forward-looking loan provision in the wake of Coronavirus dent banks’ profits in the first three months of the year. Kenya adopted the IFRS19 accounting standard that requires financial institutions to provide for unforeseen defaults…

Bomb explosion

Five killed in Eid Al Fitr bomb explosion…

At least five people were killed and more than 20 wounded on Sunday after a bomb exploded during Eid Al Fitr celebrations in Somalia. The explosion was caused by a bomb in Baidoa, 250 kilometres…