Most Recent World News

Kenyan Shilling Holds Steady in the New Year

In the light of the New Year, the Kenyan shilling was steady on Monday as traders say they expect the currency to trade in a narrow range in the coming.

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Zambian President Reverses Decision to Hike Electricity Tariffs

The Zambian President has recently reversed a sharp increase in electricity tariffs aimed at generating revenue for investment in additional supply, saying the hike had ended up hurting the poor..

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Congo Republic to Advance Presidential Election to Early 2016

Congo Republic’s President Denis Sassou Nguessohas recently said he would call an election sometime in the first quarter of next year, several months ahead of schedule. Sassou Nguesso, who has.

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South Sudan: Team of Rebels In Juba To Prepare For New Gov’t

A team of rebel officials landed in South Sudan’s capital Juba on Monday to prepare for the return of the rebel leader next month and the formation of a transitional.

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Ethiopia, Nigeria See New Partnership In Commodities Marketing

As part of efforts to boost productivity and marketing opportunities for farmers, Nigeria and Ethiopia are in the process of entering into a technical partnership for joint trading of commodities.

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Nigeria Expects 2016 Budget Deficit to Double To $11 Billion – President

Nigerian President Muhammadu Buhari has recently said that the country expects its budget deficit to double to 2.2 trillion naira ($11 billion) in 2016 as the government plans to revive.

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Benin Republic: Pm Zinsou Confirms To Run For President in 2016 Polls

Benin’s Prime Minister Lionel Zinsouhas recently said he would run for president on behalf of the ruling party in an election next year, burying fears that President BoniYayi will defy.

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Rwanda: President Kagame Thanks Nation after Referendum Favouring Him

Rwanda’s president Paul Kagame thanked the nation on Monday for voting in a referendum last week of which 98 percent overwhelmingly backed constitutional changes allowing him seek re-election for another.

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AfDB to Fund Construction Of Power Project In Sierra Leone

As part of African Development Bank’s (AfDB) efforts to improve power availability in Africa, its Board of Directors has recently in Abidjanapproved a senior loan of up to USD 20.

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AfDB Supports Eskom for Construction Of Power Stations In SA

As part of efforts to boost electric power supply in South Africa, the Board of Directors of the African Development Bank (AfDB) has recently approved a senior corporate loan equivalent.

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