South African airlines to post $100m losses in 2017 – IATA
African airlines will post a collective loss of $100m by the end of 2017 due to high operating costs, the International Air Transport Association IATA […]
Articles by Steven Addamah
US government halts aid to Somalia’s military over graft
The United States on Thursday, said it is suspending food and fuel aid for most of Somalia’s armed forces over corruption concerns. The US government […]
South Sudan: UNHCR chief calls for action against drivers of the war
UN High Commissioner for Refugees Filippo Grandi on Wednesday urged the international community to act quickly against those who ignite the South Sudan conflict, as […]
Tanzania: Lack of public spending curtailing economic growth – IMF
The International Monetary Fund (IMF) on Wednesday called on Tanzanian authorities to speed up reforms to prevent a slowdown of the economy of the East […]
Burundi seeks $45 million from citizens to fund 2020 election
Burundi’s government has started a fundraising to raise money for an election in 2020. The move is presented by the government as an alternative plan […]
China inks $60mln airport deal with Mozambique
Mozambique and china have inked a new $60m deal to build an airport in the Southern port city of Xai Xai. According to the southern […]
Aliko Dangote, only African on Bloomberg 2017 list of 50 Most Influential
Africa’s richest man, Alhaji Aliko Dangote dubbed “the quiet billionaire” for his relatively frugal lifestyle, is the only African to make the Bloomberg 50 Most […]
Mozambique to save $120m from gov’t officials in 2018
Mozambican government will slash benefits for some top officials of the government to save a total of $120m next year, Finance Minister Adriano Malaeiana said. […]
Sierra Leone sells its egg-sized 709-carat diamond for $6.5 million
The government of Sierra Leone has sold a 709-carat rough diamond, named the ‘peace diamond’, at an auction in New York on Monday, fetching a […]
UN needs record $22.5 bln aid in 2018 to assist war victims, mostly in Africa
The United Nations on Friday launched a record humanitarian appeal for $22.5 billion aid to assist about 90.1 million war-victims in Africa and Middle East […]