Phala Phala scandal: President Ramaphosa counterattacks in court
South African President Cyril Ramaphosa has appealed to the Constitutional Court to overturn a parliamentary report that accuses him of a corruption scandal, the conclusions […]
Articles by Steven Addamah
Harare, the most expensive city in Africa in 2022
In a report on the cost of living, The Economist magazine reveals the cities where the cost of living is the highest, and those where […]
Nigeria: “The First Lady withdrew her complaint” against a student
The National Association of Nigerian Students had called for nationwide protests starting Dec 5. The wife of the Nigerian president has withdrawn her defamation complaint […]
Bank of Mozambique maintains monetary policy rate at 17.25%
The Bank of Mozambique decided on Wednesday to maintain the monetary policy interest rate, MIMO rate, at 17.25%. “The inflation outlook points to a deceleration […]
Angolan government approves changes to investment contract for Angola LNG project
The Angolan government on Wednesday approved changes to the investment contract for the Angola LNG project, in order to allow for the continued operation of […]
Mozambique: start of the verdict in the vast “hidden debt” scandal
Phantom fishing vessels, exorbitant foreign loans and people close to the government: the verdict in the gigantic corruption scandal known as the “hidden debt” in […]
First shipment of russian fertilizers left for Mozambique
A first shipment of Russian fertilizers left the Netherlands on Tuesday for Africa under the UN-backed agreement to facilitate exports of these products, which have […]
Comoros ex-president Sambi jailed for life for ‘high treason’
Former Comorian President Ahmed Abdallah Sambi, 64, who is also the main opponent of the current Head of state, was sentenced on Monday to life […]
Cape Verde restricts access and use of government vehicles
The Cape Verdean Prime Minister, Ulisses Correia e Silva, announced on Monday tighter rules for the access and use of state vehicles, with the approval […]
Mozambique’s public debt to fall below 100% of GDP by 2023
The consultancy Fitch Solutions believes that Mozambique’s public debt should fall below 100% in 2023, due to the acceleration of the economy, higher gas revenues […]