African News
Kenya eyes budget deficit of 3.8% of GDP in 2025/26 fiscal year
By: Reuters 20th November 2024 Kenya will target a budget deficit of 3.8% of GDP in the 2025/26 (July-June) financial year, a senior official at the ministry of finance said on... →
Zimbabwe power tariff hike sparks 3 000 MW of energy investments
By: Bloomberg 20th November 2024 Zimbabwe’s decision to adopt tariffs that reflect costs has sparked a wave of investments in the energy sector that will help ease its power... →
Namibia aims to raise $450m to boost power generation
By: Bloomberg 20th November 2024 Namibia’s state-owned electricity utility plans to raise $450-million by selling bonds in the country and raising development bank loans to help... →
Sudanese who escaped from war-torn Tuti island speak of hunger, disease
By: Reuters 19th November 2024 Muhammad Awad and his family are among dozens who escaped Sudan's Tuti island earlier this year amid a siege by the Rapid Support Forces, finding... →
Humanitarian corridors and pauses needed in Sudan, US envoy says
By: Reuters 19th November 2024 More and faster aid deliveries are needed in Sudan, the US special envoy to the war-weary country told Reuters, ideally through the implementation... →
Somaliland opposition leader Cirro defeats incumbent in presidential election
19th November 2024 Somaliland opposition leader Abdirahman Cirro defeated incumbent president Muse Bihi Abdi in last week's election, the electoral commission said on... →
Zambia, Zimbabwe face wake-up call after Kariba dam water levels plunge, Minister says
By: Bloomberg 19th November 2024 A plunge in water levels at the world’s largest man-made reservoir, which has left Zambia and Zimbabwe without power for hours, shows why they need... →
Africa Central Banks seen cutting while they can after Trump win
By: Bloomberg 19th November 2024 Most African central banks weighing interest rates over the next three weeks are set to lower them, wary that the window to ease further may narrow... →
