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One of Libya’s governing bodies, the Tripoli-based Presidential Council, has dismissed Central Bank Governor Sadiq al-Kabir, replacing him with Mohamed Abdul Salam al-Shukri, an economist and former deputy governor. The move is likely to exacerbate the country’s political divisions, especially since the council, allied with the government of Prime Minister Abdul Hamid Dbeibah that controls […]
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Ethiopia’s central bank governor, Mamo Mihretu, has described the recent decision to float the birr on the open market as a potentially transformative step for the nation’s economy. The policy change, implemented in late July, moves away from a fixed exchange rate and is expected to attract foreign investment. The move has already yielded dividends […]
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Ethiopia has banned the importation of petrol and diesel vehicles by diplomatic missions and international organizations as part of its clean energy transition. According to the Ministry of Foreign Affairs, only electric vehicles (EVs) will be permitted, aligning with the country’s strategy to combat climate change and enhance environmental sustainability. The government had earlier banned […]
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Over the past decade, Vladimir Putin has significantly reasserted Russia’s military and diplomatic presence in Africa, challenging Western and French influence. This strategic shift, largely overlooked by the West due to preoccupation with Europe and Asia, emerged from Moscow’s actions following the 2014 annexation of Crimea and its intervention in eastern Ukraine. Russia’s African strategy […]
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Collins Jumaisi Khalusha, a suspect accused of murdering 42 women, has escaped from police custody in Nairobi, Kenya. Khalusha, who allegedly confessed to the killings after dismembered bodies were found in the Kware area, escaped alongside 12 Eritrean nationals detained for illegal entry. The inmates cut through a cell wire mesh and scaled the perimeter […]
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Sudan is grappling with a severe cholera outbreak, with over 350 cases and at least 22 deaths reported in recent weeks. The cholera surge is largely attributed to heavy rains contaminating water supplies with sewage, compounding the effects of damaged infrastructure and widespread displacement. Since June, floods have displaced over 20,000 people across 11 states, […]
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According to an expert on conflict and rebel movements in the DRC, Uganda’s involvement with M23, recently confirmed by a UN report, is driven by economic, political, and security interests. Economically, the DRC’s gold and timber are crucial for Uganda, as most of the gold it exports is smuggled from the DRC. For example, the […]
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Revoke Unlawful Orders; Comply with Court Rulings Burkina Faso‘s military authorities are misusing an emergency law to unlawfully conscript magistrates – prosecutors and judges – who have opened legal proceedings against junta supporters, Human Rights Watch said today. These recent conscriptions come amid the Burkinabè junta’s growing repression of dissidents, journalists, human rights defenders, and […]
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By Michael Dodd, Senior Fund Analyst at Morningstar SA South African investors saw fund fees continue to trend lower in 2023. The trend of declining fund fees is one that is observable and consistent across most global markets. Both in South Africa and globally there are several factors that have played a role in lowering […]
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BCX, a leading South African ICT company, has successfully completed a multi-million Rand, three-year transformation of its core network infrastructure, significantly strengthening the country’s digital economy. This article showcases how BCX tackled the challenges of outdated infrastructure to provide businesses with the agility, reliability, and scalability essential for thriving in a cloud-first environment. Bob Lafite […]
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OUAGADOUGOU, Burkina Faso, 21 August 2024 /African Media Agency (AMA)/- TED2024, a hallmark event celebrating 40 years of innovation, ingenuity, creativity, courage, and generosity, took place in Vancouver, Canada in April, and featured Africa’s esteemed, and leading champion against malaria, Prof. Abdoulaye Diabaté as a speaker. A closed event at the time, Prof. Diabate’s TED talk, titled “How […]
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As diplomacy ramps up, so too must humanitarian innovation. News that the Biden administration is spearheading a fresh initiative to end the conflict in Sudan is a rare positive development in a story that just keeps getting worse. The war in Sudan is as senseless as it is destructive. The same armed actors that preempted a complete […]
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