Wednesday, October 29, 2025 - 12:08:14
Columbus, United States | 6°C | Broken clouds
Columbus, United States | 6°C | Broken cloudsLatest
Lake Retba, better known as Lac Rose (the Pink Lake), is located around 35km from the city of Dakar, Senegal. The lake is isolated from the sea by about 1km of sand dunes. Its fresh water comes from the seasonal water table in the dunes, which are higher than the lake. Thus the sea provides […]
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Guarantee Fundamental Freedoms, End Arbitrary Detentions and Prosecutions The authorities in Senegal have cracked down on the opposition, media, and civil society. President Macky Sall’s promise to hold free and fair elections is at odds with the reality that the authorities have been filling prisons for the last three years with hundreds of political opponents. […]
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Rich natural beauty, vibrant diversity, and massive waves a just a few of the things that make South Africa a wonderful country to travel to. Aside from the beautiful scenery and a huge variety of wildlife, South Africa is a country with a rich history and home to Nelson Mandela, one of the most influential people […]
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Comments Risk Fueling Violence and Discrimination In an ever-worsening climate for lesbian, gay, bisexual, and transgender (LGBT) people in East Africa, Burundian president Évariste Ndayishimiye has added fuel to the fire. Speaking with journalists on December 29, he said, “if you want to attract a curse to the country, accept homosexuality,” and “it is better to […]
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The meeting saw a keen focus on economic growth from African delegates and the launch of the Private Sector Action Plan, a first-of-its-kind initiative between the World Economic Forum and the African Continental Free Trade Area (AfCFTA) Secretariat. The initiative is comprised of 40 global companies. The announcement came after President Paul Kagame of Rwanda […]
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Standard Bank Chairwoman Nonkululeko Nyembezi was one of the first delegates from Africa to tackle this sensitive subject. According to the International Monetary Fund, more than half of the low-income countries in the region are now at a high risk of losing control of their debt, or are already in debt distress. Ethiopia became the […]
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Hindenburg Research, known for sniffing out corporate scams, took aim in June at an obscure Nigeria-based outfit named Tingo Group. Hindenburg rolled out a report with a title that left little to the imagination: “Fake Farmers, Phones, and Financials – The Nigerian Empire That Isn’t.” But Hindenburg didn’t just call Tingo a clear-cut scam. The […]
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The Kitwe-based Copperbelt Energy Corporation issued the bond through its subsidiary CEC Renewables and intends to use the capital raised for solar, wind, and other renewable energy projects across Zambia. The initial $54m tranche has been fully subscribed since its listing last week, with Zambia’s inaugural green bond attracting interest from banks, financial institutions, and […]
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Credit rating agency Fitch has said that the Central Bank of Nigeria (CBN) still lacks the foreign exchange to clear the backlog of demand. It noted that the country’s high-interest payment to revenue ratio weighs on its sovereign credit rating. Gaimin Nonyane, director of Middle East and Africa sovereigns with Fitch said foreign exchange shortages […]
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Transsion, the Shenzhen, China company shipped 95 million units of smartphones last year, 30.8% more than it did in 2022, according to technology research firm International Data Corporation. That was above Apple’s 3.7% growth, while Samsung, Xiaomi and OPPO each shipped fewer phones in 2023 than in the previous year. Africa is Transssion’s largest market, […]
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African nations are wrestling with various challenges that directly impact the well-being of their citizens. Economic inequalities remain a significant obstacle, as disparities in income and employment opportunities persist. In Africa, governments are getting down to business to bridge economic gaps. Their focus is on championing inclusive economic growth, fostering entrepreneurship, and investing in job […]
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The International Monetary Fund’s board approved a first review of Ghana’s loan programme on Friday, allowing for the immediate disbursement of about $600 million under its $3 billion bailout programme. The decision comes after the gold, oil and cocoa producer reached a deal to restructure $5.4 billion of loans with its official creditors, a key […]
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