Libya Still Reeling from Devastating Floods
Aid agencies say as many as 20,000 undocumented people were in Derna when Storm Daniel hit. Now their relatives, fear they may never know their fate. Weeks of relief efforts managed to salvage only a fraction of the bodies of those swept into the sea. Unicef places the number of people still missing at about […]
Antimicrobial Resistance in African Countries Remains a Challenge
The African Union has established the African Union Framework for Antimicrobial Resistance Control. It aims to strengthen research; advocate for policies, laws and good governance; enhance awareness; and engage civil society organisations. Measuring and monitoring antimicrobial resistance and antimicrobial use has an essential role. Here too there’s progress. The Mapping AMR and AMU Partnership consortium […]
African Development Bank To Debut Hybrid Capital Note
It’s sized between $500 million and $1 billion, before the end of the month if market conditions are right, the bank’s acting treasurer said. AfDB is set to become to first multilateral lender to issue a perpetual hybrid note – a deeply subordinated, debt-like equity instrument that will have a lower credit rating than the […]
Football Clubs have Become a More Attractive Asset Class
Top African players buying football clubs is part of a larger international trend. Rising earnings among players in the world’s top leagues have enabled more stars to test their business chops as owners. As football clubs become a more attractive asset class, star players are increasingly keen on sharing in the rising value their efforts […]
The Chinese Firm that’s Dominating Africa’s Phone Market
Transsion does not have a very dominant presence in Europe or North America. It’s not even a household name in its own country. Instead, it has strategically focused on emerging markets in Africa, the Middle East, Latin America, Asia, and Oceania, where it has carved out a niche by catering to local consumer needs and […]
More Woes for Conakry’s Former Strongman
Guinea’s ruling junta has ordered new charges to be brought against former president Alpha Condé, whom it overthrew in a coup d’état in 2021, for alleged acts of “treason”, a letter from the justice minister to the Conakry public prosecutor said on Tuesday. The former head of state from 2010 to 2021, who has been […]
Food Agency Runs Out of Money to Feed Refugees in Chad
The United Nations World Food Programme (WFP) says food aid to 1.4 million people in Chad, including newly arrived refugees fleeing violence in Sudan’s Darfur region, will end in January because of a shortage of funds. Financial constraints and soaring humanitarian needs have already forced the WFP to suspend assistance to internally displaced people and […]
Courtesy Call on His Excellency Ambassador Baraka Luvanda by His Excellency Ambassador Professor Lukumwena Nsenda of the Democratic Republic of Congo, Tokyo, 21st November 2023
His Excellency Ambassador Baraka Luvanda received today at the Chancery His Excellency Ambassador Prof. LUKUMWENA Nsenda of the Democratic Republic of Congo to Japan. Ambassador LUKUMWENA was paying his courtesy call following his appointment as Ambassador of the Democratic of Congo to Japan early this year. He was accompanied by his Executive Assistant, Ms. Aida […]
Kampala has a Price-to-income Ratio of 79.4, Topping Global Charts
As the demand for accommodation rises, the dream of owning a home in Kampala is becoming an increasingly expensive pursuit. The real estate landscape in Kampala has experienced a notable price surge, making homeownership a formidable task for locals. This was highlighted by Numbeo’s price-to-income ratio, which shows Kampala as the most expensive city. The […]
Somali Traders Battle Chinese Competition
In the bustling local markets of Mogadishu, Somalia, local business owners say imported Chinese products are rapidly displacing their own manufactured goods. SOURCE: VOA
