A pan-African payment platform was inaugurated on Thursday by the trio of the African Union, African Export-Import Bank (Afreximbank) and the African Continental Free Trade Area (AfCFTA) secretariat. Known as the Pan-African Payment and Settlement System (PAPSS), it is a cross-border, financial market platform that enables payment transactions across Africa. It is hoped that it Read More…
KHARTOUM, Jan 6 (Reuters) – Security forces shot dead three protesters and fired tear gas in Sudan on Thursday as crowds thronged the capital Khartoum and other cities in more anti-military rallies, medics and Reuters witnesses said. At least 60 people have died and many more have been wounded in crackdowns on demonstrations since a Read More…
NAIROBI, Jan 7 (Reuters) – An air strike hit a refugee camp in northern Ethiopia’s Tigray region, killing three Eritrean refugees, including two children, the United Nations said on Thursday. The strike on Wednesday hit Mai Aini refugee camp near the southern Tigrayan town of Mai Tsebri, the United Nations said. “Three Eritrean refugees, two Read More…
African public relations practitioners have lent their voices to the cry against the travel ban on African countries as a result of the onset of the Omicron variant of the COVID-19 virus. The PR practitioners under the aegis of the African Public Relations Association (APRA) aligned with the position of African Development Bank President, Dr. Read More…
IMF Boss speaks of strategic use of $650 billion SDR In the picture above: African Development Bank President Akinwumi A. Adesina, alongside IMF, Managing Director, Kristilina Georgieva, and WTO, Director General, Ngozi Okonji-Iweala, at the dialogue with international institutions and G20 #CompactwithAfrica meeting hosted by German Chancellor Angela Merkel. All is set for the rollout Read More…
In picture above: A medical worker injects AstraZeneca’s coronavirus disease (COVID-19) vaccine to a woman at the Nationa Hospital in Abuja, Nigeria March 31, 2021. REUTERS/Afolabi Sotunde/File Photo The World Health Organisation (WHO) has warned that in addition to the COVID-19 pandemic, Nigeria and other West African countries risk new outbreaks of viral haemorrhagic fevers, Read More…
In a keenly contested battle, Opposition leader Hakainde Hichilema has won the Zambian presidential election. He defeated incumbent Edgar Lungu, the electoral commission said on Monday when releasing the final results from 156 constituencies, barring one. In the final vote tally, Hichilema secured 2,810,777 votes while Lungu was in second place with 1,814,201 votes, out Read More…
Rebel forces set their sights on Chad’s capital on Wednesday following the battlefield death of President Idriss Deby, a move that threatens to bring even more turmoil to a country vital to international efforts to combat Islamist militants in Africa. A spokesman for the Libyan-based rebel group, known as the Front for Change and Concord Read More…
Bloomberg’s 2020 full-year Capital Markets League Tables has ranked African Export-Import Bank (Afreximbank) Africa’s number one Mandated Lead Arranger (MLA) in sub-Saharan Africa. The bank made this known in a statement it issued on Friday in Cairo. According to the statement, the bank is delighted to have surpassed 2019’s second place MLA ranking and is Read More…