African News
IMF reaches staff-level deal with Ivory Coast, paving way for $574m disbursement
By: Reuters 9th April 2024 The International Monetary Fund on Monday said its staff reached agreement with authorities from Ivory Coast on a review of two lending programmes,... →
Zimbabwe's new ZiG currency starts trading, credibility doubts linger
By: Reuters 8th April 2024 Zimbabwe's new gold-backed currency started trading on Monday amid doubts that the country's third such re-launch in a decade will have any more... →
Sub-Saharan Africa growth not enough to dent poverty, says World Bank
By: Reuters 8th April 2024 Economic growth is set to rise for the next two years in sub-Saharan Africa, but not enough to make a significant dent in poverty on the continent,... →
EU will not delay deforestation law, environment chief says on Ivory Coast visit
By: Reuters 8th April 2024 The European Union is not planning to delay a new law to crack down on the import of commodities linked to deforestation, its environment... →
World cannot ignore atrocities in Gaza as it did the Rwandan genocide – Ramaphosa 
By: Thabi Shomolekae 8th April 2024 President Cyril Ramaphosa noted on Monday that with the advent of 24 hour news, the proliferation of social and community media and the speed with... →
China invites Uganda's energy minister for talks on pipeline financing
By: Reuters 5th April 2024 China has invited Uganda's energy minister to Beijing to discuss the East African country's $5-billion crude oil pipeline, Uganda's presidency said... →
Zimbabwe replaces battered Dollar with unit linked to Gold, FX
By: Bloomberg 5th April 2024 Zimbabwe replaced its battered dollar with a new currency backed by a basket that includes foreign currencies, gold and other precious metals, said... →
World Bank loans Ethiopia $1.72-billion for power, water supply expansion
By: Reuters 5th April 2024 The World Bank and Ethiopia have signed loan agreements totalling $1.72-billion to enhance electricity and water supply, as well as to facilitate... →
