African News
Angola's Isabel dos Santos loses appeal against freezing order over assets
By: Reuters 30th September 2024 Angolan billionaire Isabel dos Santos on Monday lost an appeal to overturn an order freezing up to £580-million of her assets as part a lawsuit at... →
AfDB offers Morocco's Bank of Africa €70-million in support of African trade
By: Reuters 30th September 2024 The African Development Bank said on Monday it approved financing worth €70-million for Moroccan lender Bank of Africa to promote access to trade... →
Kenya lawmakers plan impeachment move against deputy president, majority leader says
By: Reuters 30th September 2024 Kenyan lawmakers plan to launch impeachment proceedings against Deputy President Rigathi Gachagua, accusing him of undermining the government,... →
Zimbabwe’s Gold-backed ZiG weakens further after devaluation
By: Bloomberg 30th September 2024 Zimbabwe’s Gold-backed currency weakened further against the dollar on Monday after a 43% devaluation on September 27. The ZiG, short for Zimbabwe... →
Ghana central bank cuts prime interest as inflation outlook improves
By: Reuters 27th September 2024 Ghana's central bank on Friday slashed its main interest rate by 200 basis points to 27%, its first rate cut since January, as inflation continues... →
Uganda to cut spending, domestic borrowing in 2025/26, finance ministry says
By: Reuters 27th September 2024 Uganda's government plans to cut spending by just over a fifth and domestic borrowing by just over a half in the 2025/26 (July-June) fiscal year,... →
Tunisia assembly votes on electoral bill nine days before poll, opposition calls protest
By: Reuters 27th September 2024 Tunisia's parliament was set to vote on a major amendment to the electoral law on Friday, nine days before a presidential election that opposition... →
Libya's rival legislative bodies agree to end central bank crisis
By: Reuters 26th September 2024 Representatives of Libya's rival eastern and western legislative bodies signed an agreement on Thursday to end a crisis over leadership of the... →
