South African Airways urgently needs a new capital injection – CEO
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 […]
Month: April 2018
Cameroon uses anti-terror law to silence Journalists – RSF
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
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
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
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’
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
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
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
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
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 […]