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Sub-Saharan Africa incomes falling further behind rest of world, says IMF

By: Reuters     19th April 2024 Incomes in Sub-Saharan Africa are falling further behind the rest of the world amid a "tepid" economic recovery, the International Monetary Fund... 

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Will the Zimbabwe Gold, or ZiG, restore currency confidence?

By: Martin Zhuwakinyu     19th April 2024 The heightened sense of urgency within Zimbabwe’s government to act as the country’s currency crashed – losing 90% of its value since the beginning... 

Equatorial Guinea President Teodoro Obiang Nguema Mbasogo

Africa’s oldest oil-rich dictatorship has a succession problem

By: Bloomberg     18th April 2024 Two South African engineers working in Equatorial Guinea’s offshore oil fields were preparing to return home in February 2023 when they were... 

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US bars four former Malawi officials over corruption, State Department says

By: Reuters     17th April 2024 The United States has barred four former officials of the Malawi government from entry because of their involvement in significant corruption, the... 

Caribbean ambassador calls for global action to establish slavery tribunal

By: Reuters     17th April 2024 A high-level Caribbean ambassador said on Wednesday it was crucial to establish a new international special tribunal to seek reparations for... 

Drought in corn field

African Risk Capacity to pay out insurance to drought-affected Southern African farmers

By: Marleny Arnoldi     17th April 2024 Farmers in Mozambique and Zambia are being impacted by one of the worst droughts in decades, United Nations (UN) assistant secretary-general Reena... 

UN forum calls for more funding, steps towards slavery reparations

By: Reuters     16th April 2024 A United Nations forum on people of African descent opened on Tuesday with calls for extra funding to support its work and progress towards... 

Zimbabwe flag

Zimbabwe's big businesses are losing the fight for dollars

By: Bloomberg     16th April 2024 From the tiny space he rents in the central business district of Bulawayo, Zimbabwe’s second-largest city, Brian Tinotenda can look across the... 

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