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Rough diamonds produced in Botswana

IMF slashes Botswana's 2024 growth forecast amid diamond market woes

By: Reuters     15th July 2024 The International Monetary Fund (IMF) has slashed Botswana’s 2024 growth forecast to 1% from an earlier April estimate of 3.6% due mainly to lower... 

A stack of ZiG10 banknotes

Zimbabwe bankers back plan to adopt ZiG as sole currency before 2030

By: Bloomberg     15th July 2024 Zimbabwe’s banks support adopting the ZiG as the nation’s sole currency before the current target date of 2030, provided the economic stability... 

Intensifying Congo conflict puts 1-million children at risk of acute malnutrition

By: Reuters     12th July 2024 More than one-million children are at risk from acute malnutrition in Democratic Republic of Congo as rising violence drives up needs among... 

More African News

Social media fuels Kenyan youth backlash over lawmakers' opulence

By: Reuters     12th July 2024 Luxury cars, private helicopters, mounds of cash. The lavish lifestyles of Kenya's lawmakers, splashed across TikTok and X, added fuel to anger... 

UN-brokered Sudan ceasefire talks begin with one party no-show

By: Reuters     12th July 2024 Sudan's warring parties are in Switzerland for UN-led talks aimed at brokering possible local ceasefires to facilitate aid and protect civilians,... 

Kenyan President William Ruto

Kenya's Ruto sacks cabinet after nationwide protests over new taxes

By: Reuters     11th July 2024 Kenyan President William Ruto on Thursday fired his entire cabinet apart from the foreign minister, bowing to pressure from nationwide protests... 

Gold bars and nuggets

Uganda central bank starts buying locally-produced gold to support forex reserves

By: Reuters     11th July 2024 Uganda's central bank has begun buying locally-produced gold to bolster its depleted foreign reserves and tackle emerging challenges in... 

South Sudan President Salva Kiir

South Sudan's president sacks finance minister, sixth since 2020

By: Reuters     11th July 2024 South Sudan's President Salva Kiir has sacked the country's finance minister who was just four months into the job, state-owned television... 

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