Most Recent News

De Beers Signs 35-Year Diamond Mining and Exploration Contract with Angola

Multinational diamond mining and trading company, De Beers, has signed two investment contracts with the government of Angola to operate in that country. The license, which lasts for thirty-five years,.

Tweah anchoring Liberia’s drive to strengthen Development Cooperation with the World Bank and other Partners

Following a joint resolution approved during an action dialogue with key stakeholders at the ministerial complex in the oldest Congo, the Government of Liberia and its development partners have signed.

Safaricom, Ethiopian telco sign network-sharing deal

Safaricom will access the giant network of Ethiopian State monopoly Ethio Telecom allowing the telco to roll out its services across the vast Horn of Africa nation. This follows an.

African startups drew record $5.2 billion in venture capital last year – industry group

According to data released by an industry group on Tuesday, African startups attracted a record $5.2 billion in venture capital last year, bouncing back from a pandemic-induced dip in 2020.

IMF set up new lending facility to cushion member states from economic shocks

The International Monetary Fund, IMF, has created a new lending facility to help build the resilience of its member countries against economic shocks. The facility, dubbed ‘The Resilience and Sustainability.

Mali Receives Another Batch of Military Equipment from Russia

Mali has received military equipment from Russia following the suspension of the European Union’s training program with the Sahel country. According to a statement from the Malian presidency, Maj Gen.

World Bank projects Africa growth to drop to 3.4 per cent

This year, Africa’s economic growth will drop to 3.4 per cent, down 0.6 percentage points from the four per cent growth recorded in 2021 due to new macroeconomic shocks. The.

US agency appoints Nigeria’s Yemi Oshinnaiye Chief Information Officer

The United States Transportation Security Administration has appointed a Nigerian, Yemi Oshinnaiye, as its new Chief Information Officer. Oshinnaiye, who was the deputy CIO at the U.S. Citizenship and Immigration.

Uganda discharges last Covid-19 patients

There are no more Covid-19 patients admitted to Ugandan hospitals; the last coronavirus patients have been discharged; the Ministry of Health has announced. However, the risk of contracting Covid-19 is.