Africa Oil & Power Pledges Support To Energy Industry, Offers Free Communication Services
AOP is making its platform available for governments and companies within Africa’s energy sector to submit press releases and articles free of charge. Open communication between all organizations involved in African energy helps combat misinformation and promotes safety during the Covid-19 crisis. Any new developments regarding AOP events will be reported and updated at www.africaoilandpower.com. […]
Tunisia’s Central Bank Honours a Woman Who Pioneered
Apex bank unveiled new banknotes honouring a female history maker in the country’s medical history. The bank disclosed that the new 10 Tunisian dinar note would feature female doctor Tewhida ben Sheikh, the first woman to make it onto the country’s currency. Ben Sheikh, born in 1909 passed on a decade ago, in 2010. She […]
Cape Town Outfit Gives the Poor Access to Food Delivery during SA’s Lockdown
Yebo Fresh, the one-of-a-kind online retailer born out of the ashes of those fires, gives its 1,000 clients (and counting) across seven informal settlements in Cape Town the chance to enjoy twice-weekly grocery deliveries. With prices comparable to those in brick-and-mortar stores and no delivery fee on large orders, the service is saving women as […]
Somalia’s Bad Debt Written Off
The Paris Club of creditor nations agreed on Tuesday to restructure Somalia’s debt, including immediately canceling $1.4 billion owed by the impoverished Horn of Africa country. Three decades of conflict have left Somalia all but cut off from the global financial system and relief from its debt is expected to open the way for new […]
Locals Get First Dibs on Ethiopia’s Cashless Plans
Ethiopia’s central bank will allow locally-owned non-financial institutions to start offering mobile money services as it seeks to boost non-cash payments in the country. The Horn-of-Africa nation is in the midst of massive economic reforms including the privatization of state-owned telecommunications monopoly Ethio Telecom. The new directive would allow Ethio Telecom, as an Ethiopian-owned company, […]
Developing Uganda’s Fledgling Digital Infrastructure
A new data center, the Raxio Uganda facility, built on the outskirts of the capital Kampala will have access to 1.5MW and marketed as a colocation facility, pitching for Ugandan financial businesses and government agencies. Roha, a US investment group focused on African infrastructure projects, is building a series of data centers in Africa under […]
It May Take Three Years for African Economies to Recover from Slowdown Brought by Pandemic
African finance ministers want International Monetary Fund, World Bank and EU support for bilateral, multilateral and commercial debt relief amid the coronavirus crisis, the UN Economic Commission for Africa (UNECA) said. Africa is facing a perfect storm of an impending global economic downturn, plummeting oil and commodity prices and weaker currencies which threaten to imperil […]
The Business Empire of Africa’s Richest Man is Expanding
Dangote president and CEO Aliko Dangote has been vocal about the need for Nigeria to move away from its dependence on imports. The biggest of many projects on the go for the Dangote Group is the $12bn refinery under construction just outside Lagos in Lekki. The refinery project will create an estimated 1600 permanent jobs […]
The Sobering Impact of COVID-19 on African Trade
Africa may be two to three weeks away from the height of a coronavirus outbreak, but its impact is already wreaking havoc on the production and movement of goods and raw materials in, out and around the continent. To limit the spread of the virus and ease the burden on already fragile health-care systems, governments […]
The Shackles Tighten Around Women As The Country Locks Down
As the coronavirus cuts a swathe through the entire world, leaving tens of thousands dead in its wake, many women in South Africa must endure a second virus for which there are minimal eradication efforts. Whereas the 21-day lockdown is a bold attempt to arrest the spread of the coronavirus, the period of isolation at […]
