IFC announced today a new investment in Rawbank, a leading bank in the DRC, to improve access to finance for the country’s micro, small, and medium-sized enterprises (MSMEs), supporting growth and job creation in the country. Under the partnership, signed on Monday in Kinshasa, IFC will provide a loan of up to $35 million to […]
Malawi Housing Corporation (MHC) employees have taken to task management over the corporation’s failure to remit pension money to pension fund administrators. The employees have written management demanding answers why they failed to remit the money to Old Mutual for nine months now. The employees are also querying the company for failing to implement a […]
South Africa’s ambassador to Turkiye, Dipuo Letsatsi-Duba, has confirmed that a prison where seven South Africans were detained collapsed during the deadly series of earthquakes that ripped through Turkey and Syria, reports EWN. Letsatsi-Duba says her team is not aware of the extent of damage or how many South Africans have made it out alive. The […]
Addis Ababa (ENA) — Delegates from Ethiopia attended the 28th Steering Committee (SC) and 16th Council of Ministers (COM) meetings of the Eastern Africa Power Pool 2023 (EAPP). The meetings were held in Kampala, Uganda with the agenda of further coordinating cross-border power trade and grid interconnection. The Ethiopian government was represented by Dr. Eng. […]
If the transaction goes through, Ardova will be delisted from the Nigerian Exchange. Ardova Plc is on the cusp of going private, a statement by its directors’ board showed on Monday, roughly forty-five years after the company listed in Lagos. Ignite Investments & Commodities Limited, the investment portfolio of its majority shareholder and chairman, Abdulwasiu […]
Nairobi — Kenyan startups raised a record Sh71.85 billion last year, boosted by recording funding in . Latest data from Disrupt Africa, an online news platform for startups, shows that funding increased from Sh36.49 billion in 2021, to Sh71.85 billion in 2022, representing a 96.9 percent jump. Fintech led with the number of deals at […]
Former Orlando Pirates and Bafana Bafana midfielder John Moeti has passed away aged 55 after battling with illness for eight months. He had been receiving specialist medical care. Moeti had an illustrious career which saw him winning the 1995 CAF Champions League with Pirates and he was part of the Bafana Bafana squad that won […]
Rising mountain bike star Unathi Nxumalo has signed a professional cycling contract with Pump for Peace racing team. The 20-year-old joins Faranak Partoazar and Tumelo Makae as the club establishes itself worldwide. Nxumalo, who was raised in Hammarsdale township outside Durban, is the product of the KwaZulu-Natal development cycling programme headed by Johann Wykerd, who […]
Learners across Gauteng have vowed not to step foot in school until the three men charged with the murder of learner Shaun Mphela are denied bail. The learners, from various schools across Tsakani, Duduza, and Kwa-Thema in Ekurhuleni, also demand that allegations of racial discrimination in school be resolved. On Monday morning secondary school learners […]
For over seven years, at least 30 people who were displaced during the 2016 floods in Durban have been stuck in a flea-ridden community hall in Isipingo, south of Durban. The number of people there was originally about 70, but it has since dropped to around 30 as other victims were able to get alternative […]
The lawmakers said the purported removal of the state APC chairman in Taraba The Taraba State caucus of the All Progressives Congress (APC) in the National Assembly has rejected the removal of the chairperson of the party in the state, Ibrahim El-Sudi, by the state executive committee (SEC). Members of the caucus, while briefing journalists […]
Four car guards suspected of stealing headlights outside a pub were kidnapped, stuffed in the boot of cars and taken to the veld where they were tortured by five men. Two of the victims died. On Thursday, police arrested a suspect in connection with the murders, which took place on 22 January. The suspect is […]
The Obi-Datti Presidential Campaign Council, yesterday, said it had uncovered the planned launch of a multi-million naira media campaign, dubbed “Killer Punch” by campaign team of the All Progressives Congress (APC) presidential candidate, Bola Tinubu, aimed at spreading lies about the Labour Party’s presidential candidate, Peter Obi. The Head of Media of the Obi-Datti Presidential […]
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Liberian Woman Recognized By Pope Francis
Juba, South Sudan — Pope Francis during his three-day visit to South Sudan over the weekend recognized Sara Beysolow Nyanti’s work as the United Nations Deputy Special Representative of the Secretary General, Resident Coordinator, and also Humanitarian Coordinator of the East African nation. In a surprise move by the Vatican to single out Madam Nyanti, […]
Abuja — The United Nations (UN) has raised the alarm that 4.3 million girls were at risk of female genital mutilation in 2023 worldwide, with Nigeria ranking third on the globe. A statement jointly issued yesterday, by the United Nations Children’s Fund (UNICEF) and United Nations Population Fund (UNFPA) stated that the figure was based […]
— Holds strategic meeting on Land & Maritime Borders Liberia’s Minister of Internal Affairs, Varney A. Sirleaf, says the government of Liberia needs the cooperation of Cote d’Ivoire to find a solution to the Burkinabe influx particularly in the forest of Grand Gedeh, and parts of Nimba, River Gee and Maryland Counties. “We are currently […]
In a bid to strengthen Malawian culture and unity amongst Malawians living in diaspora, the Malawi’s High Commission in Tanzania, organized a Malawi Cultural Day event on Friday February 3rd, 2023 in Der es Salaam, Tanzania. The event was also part of diaspora engagement as it was highly attended by individuals of different profession and […]
Well-meaning Malawians are in disbelief and state of awe following the goodwill and support the interdicted Director General of the Anti-Corruption Bureau (ACB), Martha Chizuma, has received from members of Parliament (MPs) from Democratic Progressive Party (DPP). They are justified in their fear that the backing Chizuma is not in good faith. This is why […]