Environmental degradation cost 12% lost to Ghana’s GDP
The World Bank in recent report indicates that Ghana is losing close to 12 per cent of its Gross Domestic Product (GDP) every year due […]
Africa
Nigeria: Ex-Banker Appointed Finance Minister
Five months after taking office in Africa’s largest economy and biggest oil exporter, Nigerian President Muhammadu Buhari named former investment banker, Kemi Adeosun, to take […]
Tanzania’s new President sworn in
Tanzania’s new President John Magufuli was sworn into office Thursday, despite continuing disputes over the October 25 election. The inauguration ceremony was attended by several […]
Uganda: Museveni gets green light to run in 2016 election
Uganda’s Electoral Commission has cleared on Tuesday President Yoweri Museveni to contest in the 2016 presidential elections. The commission also gave the green light to […]
DRC: Kabila names 21 new provincial commissioners
Congo’s President Joseph Kabila appointed special commissioners on Thursday to provisionally govern 21 new provinces in order to create the “necessary tags favourable to the […]
Zambia: Swiss Giant Glencore plans $950 million investment in copper mine
The Swiss mining company, Glencore Plc, plans to invest $950 million over the next three years to expand operations at its Mopani Copper Mines as […]
Côte d’Ivoire: Ouattara takes early lead in results
Outgoing President of Côte d’Ivoire Alassane Ouattara took an early lead in Sunday’s elections according to the provisional results released by the electoral commission. According […]
Nigeria to build 30 refineries close to the state-run units
Nigeria has granted 30 construction licences to private refineries in order to cut the country’s reliance on imports. According to the Vice President, Yemi Osinbajo, […]
Zambia-economic crisis: President seeks God’s intervention
Zambia holds a day of prayer and fasting, with bars shut and football matches cancelled, to seek divine help over the country’s currency collapse and […]
Kenya: Google to buy Africa’s largest wind farm
Google Inc. has agreed to buy a 12.5% stake in Africa’s largest wind project, Kenya’s Lake Turkana, from Danish wind turbine manufacturer Vestas Wind Systems […]