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Month: April 2018

South African Airways urgently needs a new capital injection – CEO

April 26, 2018 Steven Addamah 0

South African Airways on Tuesday said it needs about 5 billion rand ($404 million) to cover immediate costs as the state carrier battles to stay […]

Cameroon uses anti-terror law to silence Journalists – RSF

April 26, 2018 Steven Addamah 0

Cameroon is a dangerous place for any objective-minded journalist, a recent report by media rights group, Reporters Sans Frontières, has said. According to the right […]

Billions of dollars in remittances flowed to Africa in 2017 – Report

April 25, 2018 Pawla Nibramich 0

The World Bank and other development partners have revealed that the total money transfers by African migrants to their region or country of origin surged […]

Mauritius’ SBM Bank completes acquisition of Kenya’s Chase Bank

April 25, 2018 Khalid Al Mouahidi 0

Mauritius’ banking group SBM Holdings will inject an additional $60 million into Kenya’s Chase Bank in a month’s time, SBM Holdings Chairman Kee Chong Li […]

Ghana looking to revamp its national health insurance scheme

April 25, 2018 Khalid Al Mouahidi 0

Ghana’s President Nana Akufo-Addo has revealed that his government had put back on track the country’s National Health Insurance Scheme (NHIS) that was crumbling under […]

French billionaire Vincent Bollore detained over ‘Africa corruption’

April 25, 2018 Khalid Al Mouahidi 0

French business tycoon Vincent Bolloré was arrested and detained on Tuesday in his native France over allegations that he indirectly influenced election outcomes for governments […]

CAF President Calls on European Federations to Vote for Morocco’s 2026 World Cup Bid

April 24, 2018 Khalid Al Mouahidi 0

President of the Confederation of African Football (CAF), Ahmad Ahmad, has urged European football federations to vote for Morocco’s bid to host the 2026 World […]

Angola confirms loss of its first satellite, Angosat-1

April 24, 2018 Khalid Al Mouahidi 0

Angolan government on Monday confirmed the loss of its first national telecoms satellite, Angosat-1, launched in December from the Baikonur space center in Kazakhstan. The […]

Two killed, 17 injured in demonstrations in Madagascar

April 24, 2018 Khalid Al Mouahidi 0

Deadly clashes have erupted in Madagascar since Saturday as demonstrators are protesting new electoral laws that the opposition claims could bar some candidates from standing […]

Self-exiled Malawi’s ex-president Joyce Banda returns home

April 24, 2018 Steven Addamah 0

Former President Joyce Banda has returned to Malawi for the first time since 2014 to defend herself in the Cashgate scandal. The former leader spent […]

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