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World Football Summit in Africa rescheduled

In the light of the ‘COVID-19’ outbreak, which has been officially declared a global pandemic by the World Health Organization (WHO), we have been forced to take the difficult decision to postpone the celebration of WFS Africa, scheduled for March 17-18 in Durban, South Africa. After closely monitoring the evolving coronavirus outbreak and assessing the […]

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Nigeria will never get better – Hushpuppi

Instagram big boy, Hushpuppi has reacted to dethronement of the Muhammadu Sanusi as the Emir of Kano, also noting that Nigeria will never get better. Sanusi was dethroned yesterday and sent on exile by the Kano State Government who announced Aminu Ado Bayero as the new Emir of Kano. Hushpuppi said: “I think this is […]

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Morocco records first coronavirus death

The Ministry of Health in Morocco on Tuesday has said the country has recorded its first death linked to the new coronavirus, an 89-year-old woman who suffered from chronic health problems. The woman, a Moroccan citizen who had been living in Italy, “suffered from chronic illnesses affecting the respiratory and cardiovascular system”, the ministry said […]

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Morocco, Hungary concur on water development

The Minister of Equipment in Morocco, Abdelkader Amara, is on an official visit to Budapest, Hungary, where he will discuss means to strengthen bilateral cooperation in water management and road infrastructure. The working visit began Monday, March 9, and will wrap up on Wednesday, March 11. Amara is accompanied by a delegation of Moroccan experts […]

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I am proudly Nigerian, Anthony Joshua tells Royal Family

World Heavyweight Champion, Anthony Joshua has given a rousing speech in London in front of the Royal Family in which he spoke about his Yoruba roots and Nigerian heritage. He spoke on Monday night during the Commonwealth Day celebration service held at Westminster Abbey. “My name is Anthony Oluwafemi Olaseni Joshua and like many of […]

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Bus crash kills 29 people in Ghana.

Two buses caught fire after colliding in central Ghana, trapping passengers inside and killing at least 29 people early Monday, local government officials said. The buses collided in the Bono East area near Kintampo, Kintampo North municipal chief executive Micheal Sakodie-Baffoe said. The vehicles burst into flames after the crash, trapping the passengers inside, local […]

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African countries condemn failed assassination of Sudan PM

Prime Minister of Sudan met with his cabinet on Monday after surviving a deadly assassination attempt. The alleged terrorist attack targeted Abdalla Hamdok’s convoy in the capital Khartoum, his senior adviser said. Faisal Mohamed Salih, government spokesman gave details of the attack in a press interaction after the cabinet meeting saying: “The convoy of Sudanese […]

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Opportunities in the Continent of Africa

It would be remiss to paint the African continent with one brush as many countries are at varying stages of their macroeconomic and political cycles, according to Franklin Templeton Emerging Markets Equity’s Danesh Ranchhod. He highlights some developments happening right at the heart of these economies, and explains why investors should consider opportunities in this […]

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Egypt confirms Africa’s first CODVID-19-related death

Egypt confirmed the first fatality due to the coronavirus in the country – the first reported death on the continent. The health ministry confirmed the case involved a 60-year-old German citizen admitted to a public hospital Friday, tested positive the next day and died on Sunday. After arriving from Germany a week ago, the tourist […]

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Rumours of Zimbabwe coup surfaces

Zimbabwe may be preparing for its second army-driven removal of a sitting president in the past two-and-a-half years. The meltdown in the country economy constitutes the biggest threat to Zanu PF’s continued hold on power, the ruling party has admitted. The country is going through one of the worst economic crises since 2013 characterised by […]

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Business:Maltese company invests pharmaceutical lab

A Maltese company has invested in a pharmaceutical laboratory in Ghana that will be able to produce medicines in line with European standards. Chief Executive Officer of Evolve, Chris Busuttil was part of the latest Maltese trade mission to visit the West African country. The delegation was led by Economy Minister Silvio Schembri. “Ghana was […]

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Coronavirus, a global issue – IMF, Heads of the World Bank

The International Monetary Fund, (IMF) and World Bank Group on Wednesday announced other measures to curb the impact of the coronavirus on the world’s economy and health. “We know the disease is spreading quickly with over one-third of our membership affected directly. This is no longer a regional issue. It is a global problem calling […]

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Power outages are dragging South Africa back into recession

Nationwide power cuts are blamed for pushing South Africa’s economy, the continent’s most industrialized, into recession, according to official statistics released Tuesday. The South African economy shrank by 1.4% in the fourth quarter of 2019 from the previous three-month period, after contracting by 0.8% in the third quarter, according to Stats SA. A recession is […]

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Professor Yusuf Karodia, named the person of the year for African education

Professor Karodia, Founder of MANCOSA and of REGENT Business School, received the award for his contribution to education and the transmission of knowledge across Africa. During the ceremony, held on 29 February in Sandton, Johannesburg, he was named ‘The Greatest Visionary in Africa for the Development of Higher Education’, underscoring his commitment to developing education […]

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World Bank update, a reminder of our plan for growth

For the first time, Uganda’s major external funding partner, the World Bank, in its 14th Uganda Economic Update, emphasised Social Protection programmes as an important policy tool for building resilience and supporting households to invest in human capital development. Uganda has continuously prioritised investment in physical infrastructure over the years and indeed, the proposed budget […]

DR Congo ready to fight for COVID-19 – Ndungi

The Democratic Republic of Congo, which has already been facing an Ebola epidemic for more than a year, is preparing to face the coronavirus. Given the volume of its trade with China, one of its major economic partners, the country has invested in surveillance and screening. The populations fearing the spread of this deadly virus […]

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Development of engines on the African continent

An investment in 2007 in an acre of land in Juja, a small town 30 km north of Nairobi, would have earned a savvy speculator a return of 1 428% in 2019. That’s according to The Economist, which also cites an estate agency’s report that Nairobi’s land prices have risen sixfold in 24 of the […]

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Second case of Coronavirus confirmed in Africa

Algeria’s ministry of Health, Population and Hospital Reform has reported the country’s first case of COVID-19. A statement released by the World Health Organization says health authorities in Algeria has reported tests indicating that an Italian adult, who arrived in the country on the 17 February 2020 has tested positive for the coronavirus disease. Thus […]