African News
Kenya inflation slows to 12-year low in September on food prices
By: Bloomberg 2nd October 2024 Kenya’s annual inflation eased in September to the slowest pace in almost 12 years, helped by weaker growth in food and energy prices. Consumer... →
Libya preparing to restart oil output as central bank crisis eases
By: Reuters 1st October 2024 Libya was preparing to restart oil production that has been shut since late of August after an agreement on a new head of the central bank was... →
Western nations urge Kenya to seek IMF review of corruption issues, sources say
By: Reuters 1st October 2024 Major shareholders at the International Monetary Fund are urging Kenya to request an IMF assessment of corruption and governance issues as part of... →
Rwanda confirms 27 cases of Marburg virus disease, nine deaths
By: Bloomberg 1st October 2024 Rwanda has reported nine deaths from its first-ever Marburg virus outbreak and confirmed 18 patients are in isolation, according to its health... →
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... →