Zimbabwe secures $200 mln from Afreximbank to import maize
Zimbabwe has secured a $200 million loan from Africa Export and Import Bank (Afreximbank) to import maize in 2016, as 10 percent of the population […]
Africa
Ghana: Peace & Conflict Resolution Specialist Appointed Interior Minister
Ghana President John Dramani Mahama on Tuesday appointed a former U.N. Peace & Conflict Resolution Specialist as interior minister to strengthen domestic security after Burkina […]
Algeria, China ink $3.3 bln Port deal
The Algerian government on Sunday inked a $3.3 billion deal to build and exploit a new centre transhipment port at Cherchell, some 60 km west […]
Zambia almost ready to host AfDB’s annual meeting
Zambia is expected to host the African Development Bank (AfDB) annual meeting with the development expected to create an opportunity for the country to showcase […]
Nigeria to import 75% fuel for local consumption in 2016
The Nigerian Minister of State for Petroleum, Dr. Ibe Kachikwu, on Sunday, said fuel importation will continue beyond 2016. Addressing a press conference shortly after […]
Africa loses $148bn to corruption yearly – AfDB Boss
African countries are losing $148 billion every year due to corruption, President of the African Development Bank, Akinwumi Adesina said during the commemoration of International […]
Over 10 million Ethiopians to go hungry in 2016
More than 10 million Ethiopians will need food aid in 2016, due to the worst drought in decades, officials and aid groups in the Horn […]
King Mohammed VI Renews Commitment to Enhancing China-Africa Ties
King Mohammed VI has affirmed that the development of the Chinese-African relations is a “strategic choice” to which Morocco is deeply committed. In his speech […]
China pledges $60 billion development fund for Africa
Chinese President Xi Jinping, addressing African leaders in Johannesburg on Friday unveils a $60 billion fund to promote cooperation and support development efforts in Africa. […]
Benin 2016 polls: Lionel Zinsou to run as ruling party’s candidate
After fuelling speculation about his possible succession to incumbent Yayi Boni, Benin’s Prime Minister Lionel Zinsou confirmed this week that he would run the 2016 […]