Africa - Page 5

Kenyan Protests: President Ruto Dissolves Cabinet

Africa

Ruto Sets Up Independent Task Force To Audit Kenya’s Public Debt

In a move aimed at addressing growing concerns over Kenya’s escalating public debt, President William Ruto announced on Friday the establishment of an independent task force to conduct a comprehensive audit of

John Adoyi

5 months ago

Kenya Anti-tax Protest: President Ruto Removes Budgets For Offices Of First Lady, Second Lady, Cuts Advisers By Half

Africa·Latest News·World News

President Ruto Removes Budgets For Offices Of First, Second Lady, Cuts Advisers By Half

President William Ruto Makes Major Budget Cuts Amid Anti-tax Protests Kenyan President, William Ruto, has taken significant steps to address the Kenya anti-tax protest by scrapping budgets for the offices of the

Emmanuel Ochayi

5 months ago

Africa·Latest News

Mauritania: 3 Protesters Die In Detention Over Post-Election Unrest

Protests Erupt After Presidential Election In Mauritania, three protesters have died in detention following mass arrests during post-election unrest in the town of Kaedi. The country’s interior ministry announced the deaths on

Emmanuel Ochayi

5 months ago

Africa·Latest News

World Bank Approves $208m Grant To Aid Zambia Amid Severe Drought

World Bank Grant for Zambia The World Bank has approved a $208 million grant for Zambia to help mitigate the severe social and economic impacts of the ongoing drought. The country’s finance

Emmanuel Ochayi

5 months ago

Africa

Kenya MPs Reject Salary Increment Amid Protests Over High Taxation, Economic Woes

Some lawmakers in Kenya’s parliament have opposed plans by the Salaries and Remuneration Commission (SRC) to hike the salaries of top government officials, stating that there are more pressing issues to be

John Adoyi

5 months ago

Africa·Business

ATIDI’s Profit Increases By 205% In 2023

· Profit for the year increased by 205% to USD69.1 million as insurance revenue grew by 14% to USD155.7million · The results were validated during the Company’s 24th Annual General Meetings (AGM) held in Livingstone,

Admin

5 months ago

Africa

Opposition Parties Get 12 Ministries In South Africa’s National Unity Government

In a historic move, South Africa’s President, Cyril Ramaphosa, announced his new cabinet on Sunday, allocating 12 ministerial slots to opposition parties that formed a national unity coalition. This comes after the

John Adoyi

5 months ago

ECOWAS Reassesses Community Levy On Imports Amidst Member State Withdrawals

Africa·Latest News

ECOWAS Reconsiders Community Levy On Imports Amidst Member State Withdrawals

The Economic Community of West African States (ECOWAS), has brought the community levy back into the spotlight as it leads the agenda at the ongoing 35th meeting of the Commission’s Committee on

Emmanuel Ochayi

5 months ago

Africa·Business·Latest News

Naira, Ghana Cedis, Egyptian Pounds Rated Worst Performing Currencies

Devaluation and Market Volatility Hit Naira Hardest The naira has emerged as the worst-performing currency globally in the first half of 2024, according to a Bloomberg report released on Friday. The report

Emmanuel Ochayi

5 months ago

British International Investment Pledges $75m Bond To Boost MSME Projects In Africa

Africa·Latest News·World News

BII Pledges $75m Projects In Africa, India, Others

British International Investment New Investment in Green Projects British International Investment (BII), the UK’s development finance institution and impact investor, has committed $75 million to the second Green Basket Bond. This bond,

Emmanuel Ochayi

5 months ago

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Africa - Page 5

Ruto Sets Up Independent Task Force To Audit Kenya’s Public Debt

President Ruto Removes Budgets For Offices Of First, Second Lady, Cuts Advisers By Half

Mauritania: 3 Protesters Die In Detention Over Post-Election Unrest

World Bank Approves $208m Grant To Aid Zambia Amid Severe Drought

Kenya MPs Reject Salary Increment Amid Protests Over High Taxation, Economic Woes

ATIDI’s Profit Increases By 205% In 2023

Opposition Parties Get 12 Ministries In South Africa’s National Unity Government

ECOWAS Reconsiders Community Levy On Imports Amidst Member State Withdrawals

Naira, Ghana Cedis, Egyptian Pounds Rated Worst Performing Currencies

BII Pledges $75m Projects In Africa, India, Others

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