The Nigerian National Petroleum Corporation (NNPC) is planning to borrow $3.8 billion to actualise its agenda of acquiring a 20 per cent stake in Dangote Refinery. NNPC Group Managing Director, Mallam Mele Kyari, said yesterday that the money would be borrowed from financial institutions. He said some financial institutions had already agreed to fund the […]
Tag: news
Nairobi — A global development organization says women run more online businesses in Africa, but face greater challenges than online firms led by men. The International Financial Corporation, which is the arm of the World Bank that helps the private sector and Jumia, the largest online business platform in Africa, said in a new report […]
As an academic working at a university in Kenya, I’ve witnessed at first hand the massive disruptions to learning caused by the COVID-19 pandemic. The situation is not unique to Kenya. Universities in neighbouring Uganda, Rwanda and Ethiopia are similarly affected. Kenya has over 70 universities, 38 of them public and 35 private. Over 500,000 […]
Britain’s foreign Secretary, Dominic Raab, made the announcement on Monday at a meeting of the Global Coalition against Daesh in Rome. The UK government has promised £12.6 million to support efforts to combat terror in the Lake Chad Basin region covering Nigeria, Cameroon, Niger and Chad. Britain’s foreign Secretary, Dominic Raab, made the announcement on […]
Leader of the proscribed Indigenous People of Biafra, IPOB, Nnamdi Kanu, on Tuesday, gave reasons why he abandoned his trial and escaped out of the country in 2017. Kanu, who was re-arrested and brought back to Nigeria last Sunday, told the Federal High Court in Abuja that he fled the country to save his life. […]
The African wild dog, or African painted dog, is one of the world’s most endangered mammals, with fewer than 7,000 remaining, mostly because of human-wildlife conflict. Situated near Hwange National Park, Zimbabwe’s biggest wildlife sanctuary, the Painted Dog Conservation’s anti-poaching unit removes and collects more than 3,000 snares a year set up by poachers. David […]
LGBT+ Rwandans say they are often fired, evicted, labelled as satanic, or ostracised by family and friends if they come out, with violent threats forcing some to flee the country With football and fashion, Rwanda’s LGBT+ activists are planning their first Pride celebration after years of struggling to secure funding or a venue willing to […]
World’s first index ranking the largest 35 fashion retailers causes concern amongst campaigners as companies average a score of 29 out of 100 Adidas and Gap Inc are among the best performing fashion brands at tackling gender inequality, according to a new index which found that most retailers are failing to support women in their […]
Following is a statement from the Forum for Former African Heads of State and Government as 33 former African heads of state appeal for international solidarity in response to the UK’s withdrawal of neglected tropical disease funding. The UK government has decided to withdraw £150 million in funding to tackle these diseases – funding that would have […]
The Government of Ethiopia’s announcement yesterday of a unilateral ceasefire in the Tigray region could be a positive step if it results in changes on the ground to end the conflict, stop the atrocities, and allow unhindered humanitarian assistance. We are closely monitoring developments. We call on all parties to commit to an immediate, indefinite, […]
South Africa’s Constitutional Court has sentenced former President Jacob Zuma to fifteen months in prison for defying a court order to appear before the Zondo Commission, which is investigating charges of corruption during Zuma’s 2009-2018 presidency. As the court is the highest in the land, Zuma cannot appeal. Nine justices ruled. All agreed that Zuma […]
Washington, DC — The Executive Boards of the World Bank’s International Development Association (IDA) and the International Monetary Fund (IMF) have determined that Sudan has taken the necessary steps to begin receiving debt relief under the enhanced Heavily Indebted Poor Countries (HIPC) Initiative. Sudan is the 38th country to reach this milestone, known as the […]
The Chairman of Nigeria’s BUA Group, Abdul Samad Rabiu, is promoting an expanded business partnership between Nigeria and France for mutual benefits. He made the call on Monday when he led a team of Nigeria business leaders to a meeting with President Emmanuel Macron and other French officials at Chateau de Versailles, outside of Paris. […]
BUA’s Abdul Samad Rabiu is appointed inaugural president of the France-Nigeria Business Council. French President Emmanuel Macron has inaugurated the France-Nigeria Business Council – a private sector initiative to enhance business relations between the two countries. The council has Abdul Samad Rabiu, Founder/Chairman of Nigeria’s BUA Group as its inaugural President. The newly inaugurated council […]
Mr Kanu and his co-defendant are facing treasonable felony charges at the Federal High Court in Abuja. The leader of the proscribed Indigenous People of Biafra (IPOB), Nnamdi Kanu, has been re-arrested and brought back to Nigeria to face his trial, Nigeria’s Attorney General and Minister of Justice, Abubakar Malami, has said. At a joint […]
Johannesburg — CRITICS believe the sentencing of former President Jacob Zuma, for contempt of court, signifies the strength of the rule of law and democracy in South Africa. The Constitutional Court on Tuesday sentenced him to 15 months in prison for his defiance of the court’s orders to appear before the Zondo Commission of Inquiry […]
The eSwatini government on Tuesday dismissed reports that King Mswati III had fled the country following the violent, pro-democracy protests that escalated on Monday. Though admitting the protests had caused a “situation” in the country, acting Prime Minister Themba Masuku told a virtual press conference the King, Africa’s last total monarch, was in the country. […]
The United States Embassy in Swaziland (eSwatini) is to stay closed on Wednesday (30 June 2021) in reaction to the civil unrest sweeping the kingdom and a curfew imposed by the Swazi Government. In a ‘security alert’ published on social media it stated, ‘Civil unrest continues in eSwatini, including the burning and looting of stores, […]