The African Development Bank (www.AfDB.org) launched a A$600 million (US$463.9 million) 5.5-year Kangaroo bond, marking its return to the Australian dollar bond market. The transaction, announced on 8 June, was led by Nomura and RBC Capital Markets. It is the institution’s first benchmark Kangaroo since early 2018 and its firstRead More →
Opinion Piece by Yusuff Wale, Managing Director, Wärtsilä Marine & Power Services Nigeria Ltd On 28 May 2021, Nigeria’s national power generation dropped to 3,059 MW and for the subsequent seven days remained below 4,000 MW, six percent below average production. Low pressure on the Escravos-Lagos Pipeline System (ELPS) left several gasRead More →
From 2021, young leaders from the continent who would like to be part of the Choiseul 100 Africa ranking (to be disclosed in September) and the Choiseul Africa network are invited to apply. The application campaign is open between June 1st and July 7th 2021. The reference ranking of youngRead More →
The Board of Directors of the African Development Bank (www.AfDB.org) has approved a $430,000 grant to Guinea to fight the spread of the Ebola hemorrhagic fever epidemic throughout the country. Since mid-February 2021, Guinea has been facing a resurgent Ebola-related epidemic, following the major crisis of 2014. This new epidemicRead More →
Watch top stories making the news from Africa. We cover news from Nigeria, South Africa, Kenya, Ghana, Tanzania, Egypt and other African economies. Read More →
In South Africa, there have been 5,074 new cases of Covid-19, taking the total reported to 1,696,564. Deaths have reached 56,974 (+45), while recoveries have climbed to 1,578,033, leaving the country with a balance of 61,557 active cases. The total number of vaccines administered is 1,343,433 (+6,886). Held back: Energy expertRead More →
In South Africa, there have been 5,782 new cases, taking the total reported to 1,675,013. Deaths have reached 56,711 (+110), while recoveries have climbed to 1,565,684, leaving the country with a balance of 52,618 active cases. The total number of vaccines administered is 1,117,569 (+72,465). Jacob Zuma: Ex president ofRead More →
Following the resignation of Mali’s President Bah Ndaw and PM Moctar Ouane, which was brought about by their initial arrest on Monday 24th of May, detention till Wednesday and eventual release on Thursday, the coup leader, Colonel Assimi Goita, named himself the country’s new transitional president. After the power seizure,Read More →
A total of 136 students were abducted from an Islamic School in the north-central state of Niger of Sunday, which is lower that the estimate of 200 previously reported by the federal government. This was confirmed by a state official on Wednesday. Since December, more than 700 children and studentsRead More →
After more than 5 years of negotiations between Germany and Namibia which began in 2015 and was called “a future-oriented reappraisal of German colonial rule”, Germany has finally acknowledged that the massacre of tens of thousands of Herero and Nama people of Namibia under the military administration of German GeneralRead More →
