Africa/Football: Cairo to host CAF headquarters for another decade
The Confederation of African Football, CAF, will remain in the Egyptian capital of Cairo for 10 additional years following an agreement with the Egyptian government. […]
Finance
Oil-rich Equatorial Guinea gifts China $2m to fight coronavirus outbreak
The government Equatorial Guinea has announced that the oil-rich country is to donate $2m to aid its “sister nation” China as it battles the coronavirus […]
Africa’s economy to grow despite external shocks – AfDB
Africa’s economic growth is forecast to rise to about 4% this year and next year from 3.4% in 2019, driven by infrastructure investments and natural […]
Ethiopia: New investment law to attract FDI
Ethiopia has passed a new investment law on Thursday as part of the Horn of Africa nation’s economy and drive progress toward a middle-income status. […]
Moroccan banks lower interest rates for SMEs
In implementation of King Mohammed VI’s instructions to make the banking system conducive to development, a program was unveiled by the central bank, the Ministry […]
Somalia, world’s most corrupt nation – Report
Transparency International has released its annual Corruption Perceptions Index (CPI) this week and Sub-Saharan Africa is perceived among the most corrupt regions with an average […]
IFC loans Casablanca region $100 mln to fund infrastructure projects
The International Financial Corporation, an offshoot ofthe World Bank, approved a 100 million dollar loan to the region of Casablancato build two new urban rail […]
Tanzanian: Magufuli sacks home affairs minister over fraud
Tanzanian President John Magufuli has fired his home affairs minister Kangi Lugola on Thursday, accusing him of mismanaging a $452 million fire department contract. President […]
Chad: public sector workers launch strike
The public sector in Chad has started a strike Tuesday in response to a call by the country’s trade union. Union members voted to strike […]
Angolan court orders seizure of Isabel dos Santos’ assets
A court in Angola has ordered the seizure of the assets and bank accounts of the billionaire daughter of ex-President José Eduardo dos Santos. Called […]