African News
Afreximbank will double intra-African trade financing to $40bn by 2026
By: Schalk Burger 12th August 2024 Trade finance institution the African Export-Import Bank (Afreximbank) plans to double its financing of intra-African trade from $20-billion in... →
Global youth unemployment in decline and seen falling further, report finds
By: Reuters 12th August 2024 Youth unemployment worldwide last year dipped to a 15-year-low and is likely to continue falling through 2025, although weaker growth means Asia... →
Ethiopia's securities exchange to start operations in October - media
By: Reuters 8th August 2024 Ethiopia's securities exchange is expected to start operations in October, its chief executive was quoted as saying by state-affiliated media on... →
Ukraine says Niger's move to cut relations is 'regrettable'
By: Reuters 8th August 2024 Ukraine's foreign ministry said on Thursday Niger's decision to cut diplomatic ties with Kyiv was "regrettable" and that Kyiv saw the move as based... →
Egypt's inflation slows to 25.7% in July
By: Reuters 8th August 2024 Egypt's annual urban consumer price inflation slid to 25.7% in July from 27.5% in June, a rate of decline faster than analysts had forecast, the... →
WHO elevates mpox outbreak response
By: Thabi Shomolekae 8th August 2024 With the African region facing an unprecedented surge in mpox cases, the World Health Organization has elevated its outbreak response to the... →
Comoros president grants sweeping new powers to his son
By: Reuters 7th August 2024 Comoros President Azali Assoumani has granted sweeping new powers to his son, Nour El Fath, allowing him to intervene at all stages of government... →
Kenyan economic growth seen steady at 5.5% in 2025, central bank says
By: Reuters 7th August 2024 Kenya's economy is projected to grow 5.5% in 2025, at a similar rate to this year's 5.4% growth, central bank Governor Kamau Thugge said on... →