Sudan receives $857 million in IMF aid
Khartoum – Sudan has received more than $857 million as part of a global allocation by the International Monetary Fund... Read more
27 Aug, 2021
DRC seeks $58 billion to rebuild industry
Kinshasa – The Democratic Republic of the Congo on Thursday announced a plan to re-industrialise the resource-rich but impoverished African... Read more
27 Aug, 2021
Zanzibar unveils plan for sub-Saharan Africa’s ‘tallest skyscraper’
Dar es Salaam – Zanzibar announced plans on Tuesday to build sub-Saharan Africa’s tallest skyscraper, with the $1.3-billion bill exceeding... Read more
26 Aug, 2021
DRC auditor accuses governor of siphoning off $8.7m
Matadi – Democratic Republic of Congo’s auditors have accused a provincial governor of siphoning off $8.7 million, attacking a budgetary... Read more
26 Aug, 2021
South African Airways to take off in September
Johannesburg – South African Airways, which was recently privatised in an effort to save the cash-strapped carrier, announced on Wednesday... Read more
26 Aug, 2021
IMF extends $334m in aid to South Sudan – central bank
Juba – The IMF has loaned $334 million to South Sudan, the country’s central bank governor said on Tuesday, as... Read more
25 Aug, 2021
South Africa jobless rate soars as pandemic bites
Johannesburg – Unemployment in South Africa soared to its highest level in 13 years in the second quarter of this... Read more
24 Aug, 2021
IMF injects US$1 billion into Zimbabwe’s fiscus
Cape Town – The International Monetary Fund (IMF) has injected US$1 billion into Zimbabwe’s fiscus. According to the state-owned... Read more
24 Aug, 2021
Mozambique begins trial of 19 suspects linked to $2bn secret loan scandal
Maputo – The Mozambique trial of 19 suspects linked to a $2 billion secret loan scandal that plunged the southern... Read more
24 Aug, 2021
Security crisis drives up Nigeria’s food worries
Makurdi – Rice farmer Donald Amokaha spends his days weeding a temporary plot outside the city of Makurdi, on... Read more
23 Aug, 2021
